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Find the apr of investment

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An mortgage charges 0.37% interest per month. What is the APR?

  1. An investment returns 7% APY, what is the APR of this investment if interest is compounded daily?
  2. An investment returns 3.9% APR, what is the APY of the investment if interest is calculated monthly?
  3. A mortgage charges 0.37% interest per month. What is the APY?
  4. You have $13076 and decide to invest at 5.3% APY compounded monthly. How much money do you have after 4 years?
  5. You have $10036 and decide to invest at 3% APR compounded monthly. How much money do you have after 6 years?

Reference no: EM132643799

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