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Consider an account with an APR of 45% Find the APY with quarterly compounding monthly...

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Algebra

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Consider an account with an APR of 45% Find the APY with quarterly compounding monthly compounding, and daily compounding Comment on how changingthe compounding period affects the annual yieldCassWhen interest is compounded quarterly, the APY(Do not round until the final answer. Then round to two decimal places as needed)

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