Question: can someone help one these two problems A passbook savings account has a rate of 6%. Find the effective annual yield if the interest is
can someone help one these two problems


A passbook savings account has a rate of 6%. Find the effective annual yield if the interest is compounded quarterly. The effective annual yield is :|%. (Round to the nearest tenth as needed.) Determine the effective annual yield for each investment. Then select the better investment. Assume 360 days in a year. 14% compounded monthly; 14.25% compounded annually The effective annual yield for a 14% compounded monthly investment is |:|%. (Round to two decimal places as needed.)
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