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yureyunu 1 Saved Help Save & Exit Sv Check my wa 4 Principal: $16,100 Interest rate: 28% 0.41 points Compounded quarterly Calculate the effective rate

yureyunu 1 Saved Help Save & Exit Sv Check my wa 4 Principal: $16,100 Interest rate: 28% 0.41 points Compounded quarterly Calculate the effective rate (APY) of interest for 1 year. (Use the Table provided.) (Do not round intermediate calculations. Round your final answer to the nearest hundredth percent.) eBook Print Effective rate References % Mc GEW Hall

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