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E learning problems Ex Example mecate F1% Arma! et rate A bank advertises a savings account with an APY of 1%. In fact the interest

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E learning problems Ex Example mecate F1% Arma! et rate A bank advertises a savings account with an APY of 1%. In fact the interest is compounded quarterly. How much interest is paid at the end of the first quarter if you deposit $1000 now? - 1dona

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