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esting J.S. are t investment? 13. Paul Durant invested $100,000 at 6% compounded daily for 4 years and $100,000 at 6% compounded monthly for
esting J.S. are t investment? 13. Paul Durant invested $100,000 at 6% compounded daily for 4 years and $100,000 at 6% compounded monthly for 1 year. (a) What is the interest earned for 1 year on each investment? (b) What is the annual percentage yield for each investment? A in a credit
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