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Mathematics, 24.04.2021 22:30 janelle3496

Find effective rate (APY) and show work: (Round your answer to the nearest hundredeth.) Principal: $8,000
Rate: 12%
# of times compounded per year: Semi-annually
Solve For Effective Rate (APY): ??%

Find effective rate (APY) and show work: (Round your answer to the nearest hundredeth.)

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