2 Answered Questions for the topic APY

Calculate the may 1 and November 1 INTEREST PAYMENT each year (5 years) create the column and row heading

You recently purchased a 5-year, $10,000 corporate bond with 6.0% APY.


Bank offers 6.35% annual interest rate compounded daily. What is the apporoximate APY?

how do i calculate this? Formulas?

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