Mugiwara01 Mugiwara01

13-09-2022
Mathematics

contestada

What’s APY? can someone please simplify the definition.

Respuesta :

13-09-2022

APR, or effective annual rate, can also be called an effective annual rate or EAR when "r" is the annual interest rate and "n" is the number of compounding periods to be completed each year. :D

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