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4. [-/2 Points] Need Help? DETAILS BRECMBC9 11.1.028.MI. Submit Answer Marla invests $4,500, at 6% Interest, compounded quarterly for one year. Use Table 11-1 to
4. [-/2 Points] Need Help? DETAILS BRECMBC9 11.1.028.MI. Submit Answer Marla invests $4,500, at 6% Interest, compounded quarterly for one year. Use Table 11-1 to calculate the annual percentage yield (APY) for her investment (as a %). Note: "Annual percentage yield" is also known as "effective interest rate." (Round your answer to two decimal places.) % Read It Watch It MY NOTES Master it ASK YOUR TEACHER
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