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Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year...

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Accounting

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.)

Principal Nominal Rate (%) Interest Compounded Compound Interest Earned in 1 Year Annual Percentage Yield (APY)
$33,000 12 monthly $ %

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