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Jose invested $5200 in an account that pays an annual interest rate of 3.3% , compounded daily. Assume there are 365 days in each year.

Jose invested

$5200

in an account that pays an annual interest rate of

3.3%

, compounded daily. Assume there are

365

days in each year. Answer each part. If necessary, refer to the

list of financial formulas

.

(a) Find the amount in the account after one year, assuming no withdrawals are made. Do not round any intermediate computations, and round your answer to the nearest cent.
$
(b) Find the effective annual interest rate, expressed as a percentage. Do not round any intermediate computations, and round your answer to the nearest hundredth of a percent.
%

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