What is the APY for money invested at each​ rate? ​(A) 66​%compounded quarterly ​(B) 44​%compounded continuously.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter10: Exponential And Logarithmic Functions
Section10.2: Applications Of Exponential Functions
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What is the APY for money invested at each​ rate?
​(A) 66​%compounded quarterly
​(B) 44​%compounded continuously.
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