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Convert the following APY values to APR values: A savings account earning the typical rate of 0.5% APY A high yield savings account with 4.5%

Convert the following APY values to APR values:

  1. A savings account earning the typical rate of 0.5% APY
  2. A high yield savings account with 4.5% APY
  3. For each account in parts (a) and (b), find the value you would have if you deposited a $10,000 signing bonus and let it grow for 10 years

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