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TABLE LINK - > https://imgur.com/a/2D0trVd Principal: $17,400 Interest rate: 24% Compounded quarterly Calculate the effective rate (APY) of interest for 1 year. (Use the Table

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TABLE LINK - > https://imgur.com/a/2D0trVd

Principal: $17,400 Interest rate: 24% Compounded quarterly Calculate the effective rate (APY) of interest for 1 year. (Use the Table provided.) (Do not round intermediate calculations. Round you final answer to the nearest hundredth percent.) Effective rate

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