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A bank features a savings account that has an annual percentage rate of 2.2 % with interest compounded monthly. Carissa deposits $6,500 into the account.

A bank features a savings account that has an annual percentage rate of 2.2 % with interest compounded monthly. Carissa deposits $6,500 into the account. How much money will Carissa have in the account in 1 year? Answer = $ . Round answer to the nearest penny. What is the annual percentage yield (APY) for the savings account? A P Y = %. Round to the nearest hundredth of a percent

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