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    Exam 21: Savings Models
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    What Is the APY for 6.25% Compounded Daily
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What Is the APY for 6.25% Compounded Daily

Question 85

Question 85

Multiple Choice

What is the APY for 6.25% compounded daily?


A) 6.25%
B) 6.45%
C) 6.95%
D) 7.25%

Correct Answer:

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