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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

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?

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