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?