Ben Garison invested $15,000 at 5% compounded daily in a credit union account that matures in 1

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Ben Garison invested $15,000 at 5% compounded daily in a credit union account that matures in 1 year. He also invested $20,000 at 5.25% compounded monthly in a Silver Screen account that matures in 1 year. What is the difference between the annual percentage yield between the accounts? Round APY to nearest hundredth of a percent

Posted Date: May 18, 2024 10:14 AM

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Ben Garison invested $15,000 at 5% compounded daily in a credit union account that matures in 1

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