buigabby65 buigabby65

25-01-2024
Mathematics

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Isabella invests $5000 in an account that pays interest compounding monthly.
After one year, the balance of the account is $5214.09.
The effective interest rate for this investment, rounded to two decimal places, is
A 0.35% B 0.42% C 3.50% D 4.20% E 4.28%

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