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You deposit$4,000in a savings account with a5%annual interest rate, compounded monthly. What is the APY? 5% 5.12% 5.5% 5.25%
You deposit$4,000in a savings account with a5%annual interest rate, compounded monthly. What is the APY?
5%
5.12%
5.5%
5.25%
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
