SOLUTION: A bank features a savings account that has an annual percentage rate of 3.6 % with interest compounded semiannually. Sakari deposits $6,000 into the account.
How much money will
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-> SOLUTION: A bank features a savings account that has an annual percentage rate of 3.6 % with interest compounded semiannually. Sakari deposits $6,000 into the account.
How much money will
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Question 1195612: A bank features a savings account that has an annual percentage rate of 3.6 % with interest compounded semiannually. Sakari deposits $6,000 into the account.
How much money will Sakari have in the account in 1 year?
Answer = $ ___ . Round answer to the nearest penny.
What is the annual percentage yield (APY) for the savings account?
APY= __ %. Round to the nearest hundredth of a percent. Answer by ikleyn(52781) (Show Source):
