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Bank One offered a 19 -year certificate of deposit (CD) at 4.23 % interest compounded quarterly. On the same day on the Internet, First Bank

Bank One offered a 19 -year certificate of deposit (CD) at 4.23 % interest compounded quarterly. On the same day on the Internet, First Bank offered a 19 -year CD at 4.22 % compounded monthly. Find the APY for each CD. Which bank paid a higher APY? Question content area bottom Part 1 The APY for the CD at Bank One is enter your response here %.

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