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Mathematics, 20.10.2021 19:20 Lamr
You deposit $9000 in an account that pays 5% interest compounded quarterly.
A. Find the value of one year
B. Use the future value formula for simple interest to determine the effective annual yield
(Formula: A=P(1 +rt)
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Answers: 2
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You deposit $9000 in an account that pays 5% interest compounded quarterly.
A. Find the value of o...
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