ncrawley
contestada

To calculate the earnings from an annual percentage yield, you should:
A. multiply the nominal interest rate by the interest earned.
O B. multiply the amount in the account by the nominal interest rate.
O C. multiply the initial deposit by the nominal interest rate.
D. multiply the amount in the account by the initial deposit.

Respuesta :

Answer:

Multiply the amount in the account by the nominal interest rate

Explanation:

To calculate the earnings from an annual percentage yield, you should multiply the amount in the account by the nominal interest rate.

What is earning?

Earnings is what is left after all the expenses of a particular production process have been removed.

It can be expressed in percentage and computed form the yield.

Therefore, To calculate the earnings from an annual percentage yield, you should multiply the amount in the account by the nominal interest rate.

Learn more on earning here,

https://brainly.com/question/26282268

#SPJ2