Question: Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year and the annual percentage yield (APY) for the investment. (Round

$Using Table 11-1, compute the amount of compound interest (in \$)$ earned in 1 year and the annual percentage yield (APY) for the

Using Table 11-1, compute the amount of compound interest (in \$) earned in 1 year and the annual percentage yield (APY) for the investment. (Round your answers to two decimal places.) TABLE 11-1 Compound Interest Table (Future Value of $1 at Compound Interest) The values in Table 11-1 were generated by the formula FV=(1+i)n rounded to five decimal places, where i is the interest rate per period and n is the total number of periods

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