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a) Suppose you invest in an account paying 4.2% compound interest monthly. What is the...

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a) Suppose you invest in an account paying 4.2% compound interest monthly. What is the annual percentage yield? Round the percent to 3 decimal places. b) Suppose you have a monthly income of $5200. How much should you designate to paying off debt if your debt to income ratio is at 36% or less? If your home mortgage payment is $975 a month and student loans of $390 a month, what is your monthly income available for loan

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