Mathematics, 17.10.2021 02:30, katt5655

Alex invests his money in an account paying 2% interest compounded semiannually. What is the effective annual yield on this account? Enter your response as a percentage rounded to two decimal places and omit the percent sign (7.25% should be input as 7.25.)

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Alex invests his money in an account paying 2% interest compounded semiannually. What is the effecti...