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A credit union pays 5.39% nominal interest on its savings accounts. If the credit union compounds interest daily, what is the annual percentage yield (APY)
A credit union pays 5.39% nominal interest on its savings accounts. If the credit union compounds interest daily, what is the annual percentage yield (APY) of a savings account at the credit union?
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Codes Of Finance
Authors: Vincent Antonin Lépinay
1st Edition
0691151504, 978-0691151502
