Question: PLEASE LETTER ANSWER ONLY, NO EXPLAINATION! What is the APY of a 36-month CD purchased for $10,000 with an APR of 4.4% compounded quarterly? a.

PLEASE LETTER ANSWER ONLY, NO EXPLAINATION! What is the APY of a 36-month CD purchased for $10,000 with an APR of 4.4% compounded quarterly? a. 4.4%. b. 4.480%. c. 4.495%. d. 4.473%.

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