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For the following investment, compute the annual percentage yield, rounding dollars to the nearest cent, and rate to the nearest hundredth: Principal - $350 Nominal

For the following investment, compute the annual percentage yield, rounding dollars to the nearest cent, and rate to the nearest hundredth: Principal - $350 Nominal Rate - 6% compounded monthly Term - 1 year O 6.17% 3.1% 6% 12%

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