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Find the annual percentage yield of a bank account that pays 5.3% interest compounded monthly. Round the percent to the nearest tenth.

Find the annual percentage yield of a bank account that pays 5.3% interest compounded monthly. Round the percent to the nearest tenth.
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Find the annual percentage yield of a bank account that pays 5.3% interest compounded monthly. Round the percent to the nearest tenth.

User Gili
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It would be 5.3% of a number given. But since there isn't, you would have to use X.
User Gruuuvy
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