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snow_lady [41]
3 years ago
7

Principal: $17,600 Interest rate: 12% Compounded quarterly Calculate the effective rate (APY) of interest for 1 year.

Mathematics
1 answer:
Ivanshal [37]3 years ago
6 0

Answer:

$2,112

Step-by-step explanation:

I don't know, but that is what I think. Hope it helps!

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