Posted by **Tee** on Thursday, June 27, 2013 at 10:24pm.

Compute the Annual Percentage Yield (APY) for the investment in the previous question. (Round APY to the nearest hundredths of a percent.)

- Business Math -
**Henry **, Saturday, June 29, 2013 at 8:03pm
APY = The interest for 1 year divided by the initial investment:

APY = (I/Po)*100%.

- Business Math -
**Erica Walden**, Thursday, October 3, 2013 at 5:44am
How to determine the compound amount of an investment of $10,000 with an interest rate of 6% compounded monthly after 4 years requires you to use a table factor that goes beyond the compound interest table Calculate the new table factor for this investment.

## Answer This Question

## Related Questions

- Math - Compute the Annual Percentage Yield (APY) for the investment in the ...
- business math - . Compute the amount of compound interest earned in 1 year for ...
- contemporary math - Compute the amount of compound interest earned in 1 year for...
- Business Math - What is the annual percentage yield of a $10,000 investment for ...
- math - Assume an 18 month CD purchased for $7000 pays an APR of 7% compounded ...
- math - If you deposit money in a savings account with an interest rate (APR) of ...
- math - Assume an 18 month CD purchased for $7000 pays an APR of 7% compounded ...
- math - Sorry... Assume an 18 month CD purchased for $7000 pays an APR of 7% ...
- math - Assume an 18-month CD purchased for $7000 pays an APR of 7% compounded ...
- math - What is the annual percentage yield (APY) of a simple discount note for $...

More Related Questions