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4-22 Yolanda's bank advertises a savings investment that pays 6 percent compounded monthly. What is the Investment's (a) annual percentage rate (APR) and (b) effective

4-22 Yolanda's bank advertises a savings investment that pays 6 percent compounded monthly. What is the Investment's (a) annual percentage rate (APR) and (b) effective annual rate (TER)

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