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SAT, 23.09.2020 04:01 fatherbamboo

James invests his money in an account paying 3.7% interest compounded quarterly. What is the effective annual yield on this account? Enter your response as a percentage rounded to two decimal places and omit the percent sign (7.25% should be input as 7.25.)

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James invests his money in an account paying 3.7% interest compounded quarterly. What is the effecti...
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