05-02-2024
Business

contestada

Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year and the annual percentage yiel
for the investment. (Round your answers to two decimal places.)
Principal
$6,000
Nominal
Rate (%)
12
Interest
Compounded
semiannually
Compound Interest
Earned in 1 Year

Annual Percentage
Yield (APY)
%

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