Question: Find effective rate (APY) and show work: (Round your answer to the nearest hundredeth.) Principal Rate #times Compounded per year Semiannually Effective Rate (APY) 7,500

Find effective rate (APY) and show work: (Round your answer to the nearest hundredeth.) Principal Rate #times Compounded per year Semiannually Effective Rate (APY) 7,500 10 %

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