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1. Jacob Hernandez invests $25,000 in a CD for 5 years. The CD earns interest at an annual rate of 5.5% compounded quarterly. What is

1. Jacob Hernandez invests $25,000 in a CD for 5 years. The CD earns interest at an annual rate of 5.5% compounded quarterly. What is the annual percentage yield to the nearest hundredth of a percent

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