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Compute the APY for each bank and round the percent to 4 decimal places. Then decide which bank would yield a higher saving account


 
 

Compute the APY for each bank and round the percent to 4 decimal places. Then decide which bank would yield a higher saving account balance. 5. Best Bank: APY Bank A: APY Bank B: You see the following savings rates advertised at two panks: Bank A: "3% compounded continuously!" Bank B: "3.4% compounded monthly!"

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