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Mathematics, 19.11.2020 23:30 bettybales1986
What interest rate, compounded quarterly, results in an annual percentage yield (APY) of 4%? Enter your answer as a percentage rounded to two decimal places and omit the percent sign (6.25% should be input as 6.25.)
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What interest rate, compounded quarterly, results in an annual percentage yield (APY) of 4%?
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