Answer:
1.08%.
Step-by-step explanation:
To determine the annual percentage yield of an investment of $ 800, so that it becomes $ 865.50 after the passage of one year, the following calculation must be performed:
800 x X = 865.50
X = 865.50 / 800
X = 1.082
800 x 1.082 = 865.50
Therefore, the annual percentage return on such investment would be 1.08%.
