- 2 A Passbook Savings Account Has A Rate Of 6 Find The Effective Annual Yield Rounded To The Nearest Tenth Percent I 1 (15.54 KiB) Viewed 37 times
2. A passbook savings account has a rate of 6%. Find the effective annual yield, rounded to the nearest tenth percent, i
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2. A passbook savings account has a rate of 6%. Find the effective annual yield, rounded to the nearest tenth percent, i
2. A passbook savings account has a rate of 6%. Find the effective annual yield, rounded to the nearest tenth percent, if the interest is compounded 100,000 times per year.