Mathematics, 18.03.2021 01:40 Amazingdolannn

Assume that an 18-month CD purchased for $7000 pays an APR of 6% compounded monthly. What is the APY? (Round your answer to two decimal places.)

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Assume that an 18-month CD purchased for $7000 pays an APR of 6% compounded monthly. What is the APY...

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