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A bank features a savings account that has an annual percentage rate of 2 . 4 % with interest compounded quarterly. Caroline deposits $ 3

A bank features a savings account that has an annual percentage rate of 2.4% with interest compounded quarterly. Caroline deposits $3,500 into the account.
How much money will Caroline have in the account in 1 year?
Answer =$ Round answer to the nearest penny.
What is the annual percentage yield (APY) for the savings account? APY=%. Round to the nearest hundredth of a percent.
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