Mathematics, 04.03.2021 01:00 hdjsjfjruejchhehd

Jody invested $25,000 in a certificate of deposit for 4 years. The certificate earns interest at an annual rate of 9.75 percent compounded quarterly. The amount per $1.00
is 1.470089. What is the effective annual yield?

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Jody invested $25,000 in a certificate of deposit for 4 years. The certificate earns interest at an annual rate of 9.75 percent compounded quarterly. The amount per $1.00 is 1.470089. What is the effective annual yield?

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Another question on Mathematics

Jody invested $25,000 in a certificate of deposit for 4 years. The certificate earns interest at an annual rate of 9.75 percent compounded quarterly. The amount per $1.00
is 1.470089. What is the effective annual yield?