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19.) Dr. Robert invested $9,091 in a one-year CD that earned 3.00% interest compounded daily. When the term of that CD ended, he reinvested the

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19.) Dr. Robert invested $9,091 in a one-year CD that earned 3.00% interest compounded daily. When the term of that CD ended, he reinvested the original principal into a one-year CD that earned 4.5 % interest compounded monthly. Use the chart below to determine how much total interest Dr. Robert earned by the end of the second term. as well as the interest carreat Amount of $1.00 Invested for a 1 Year Interest Period Annual Rate This is Daily Compounding Monthly Compounding Pleace show flue werk 443 1.50% $1.015113 $1.015104 $1.030416 $1.030453 3.00% 4.50% $1.046025 $1.045940 6.00% $1.061831 $1.061678 9041 daily Z76.85 interest $9,367.85 45$430. 3 6 +276.65 $701.Z1 20 Lizzy can invest $64,000 at 3.00 % interest compounded monthly for a one-year term or at 1.5% compounded daily for a one-year term. Use the chart above and determine which investment yields a better return. What is the annual percent yield for that inyestment? monthly Blayo 62 mis i orlcat 1946. 6240000304 3.4-7APY 967.22-64000.0l5-(.5.1. APY) Hhere yourdty Cami fom yearly Shaw were thre e dhi ly96722 S how C0n-hornn of Octonue Inc ctock

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