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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 with interest compounded quarterly. Caroline deposits $ into the account.
How much money will Caroline have in the account in 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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