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MrBio23 MrBio23
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8 months ago
For an account that compounds interest more often than once per year, the annual percentage yield will be

▸ equal to the stated nominal yield.

▸ greater than the stated nominal yield.

▸ either greater than or less than the stated nominal yield, depending on the current interest rate environment.

▸ less than the stated nominal yield.
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
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PWT82PWT82
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8 months ago
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MrBio23 Author
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8 months ago
Correct Slight Smile TY
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Yesterday
Good timing, thanks!
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2 hours ago
You make an excellent tutor!
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