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27-04-2024
Mathematics

Answered

An account has a rate of 2.7%. Find the effective annual yield if the interest is compounded monthly.

The effective annual yield is ☐ %.
(Round to the nearest hundredth as needed.)

An account has a rate of 27 Find the effective annual yield if the interest is compounded monthly The effective annual yield is Round to the nearest hundredth a class=

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