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thank you. 6. If a bank advertised and disclosed that APR of 1st year is 2.499% and APY of 1st year is 2.525% for their

thank you. image text in transcribed
6. If a bank advertised and disclosed that APR of 1st year is 2.499% and APY of 1st year is 2.525% for their Certificate of Deposit (CD). What is the compounding period for the advertised CD

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