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3. What is the APY for money invested at each rate? (A) 8% compounded semiannually (B) 6% compounded continuously (A) APY = % (Round to

3. What is the APY for money invested at each rate? (A) 8% compounded semiannually (B) 6% compounded continuously (A) APY = % (Round to three decimal places as needed.) (B) APY = % (Round to three decimal places as needed.)

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