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A bank features a savings account that has an annual percentage rate of 2.9% with interest compounded monthly. Jack deposits $5,000 into the account. -

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A bank features a savings account that has an annual percentage rate of 2.9% with interest compounded monthly. Jack deposits $5,000 into the account. - How much money will Gabriela 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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