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1- The effective yield of an investment plan is the percent increase in the balance after 1 year. Find the effective yield for each investment

1- The effective yield of an investment plan is the percent increase in the balance after 1 year. Find the effective yield for each investment plan. (Round your answers to two decimal places.)

a. 6% annual interest rate, compounded annually =

b. 6% annual interest rate, compounded continuously =

c. 6% annual interest rate, compounded quarterly =

d. 6.25% annual interest rate, compounded quarterly=

e. From a-d Which investment plan has the greatest effective yield?

f. From a-d Which investment plan will have the highest balance after 5 years?

2. Find the exponential growth model that fits the points shown in the graph. (Round the exponent to four decimal places.) y=

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