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olve the problem. Round to the nearest tenth of a percent. nt -P(+) P- A n = A Pet Y=1+ -1 nt 1+ A

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olve the problem. Round to the nearest tenth of a percent. nt -P(+) P- A n = A Pet Y=1+ -1 nt 1+ A passbook savings account has a rate of 5.6%. Find the effective annual yield if the interest is compounded quar A. 5.8% B. 5.7% C. 5.9%

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