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What is your effective annual yield (EAY) for an investment with an interest rate of 13%? (hint: you can use any amount for the calculation,
What is your effective annual yield (EAY) for an investment with an interest rate of 13%? (hint: you can use any amount for the calculation, let s assume $100)
What is your effective annual yield (EAY) for an investment with an interest rate of 13%? (hint: you can use any amount for the calculation, let s assume $100)
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