Question: Question 4 (5 points) 5 points Suzy deposits $10,000 into a bank account that will earn 5% annual interest, compounded monthly. What will be Suzy's

Question 4 (5 points) 5 points Suzy deposits $10,000 into a bank account that will earn 5% annual interest, compounded monthly. What will be Suzy's effective rate of interest earned? 1) Exactly 5% O2) More than 5% 3) Less than 5% 4) Cannot be determined

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