e) \( \$ 12500 \) invested on 10 years at \( 0.7 \% \) per month

Find the effective yield of an investment that earns \( 5.25 \% \) compounded quarterly. round to the nearest hundredth of a percent

Michelle invests in a savings account that pays \( 8 \% \) interest compounded monthly. What is the APY for this account? \( \square \) Round to the nearest \( 0.00 \% \)

Suppose you have \( \$ 15,000 \) to invest. Which of the two rates would yield the larger amount in 3 years: \( 8 \% \) compounded daily or \( 7.90 \% \) compounded continuously? Which of the two rates would yield the larger amount in 3 years? \( 8 \% \) compounded daily \( 7.90 \% \) compounded continuously

Michelle invests in a savings account that pays \( 8 \% \) interest compounded monthly. What is the APY for this account? \( \square \) Round to the nearest \( 0.00 \% \)

Find the time required for an investment of 3,000 dollars to grow to 12,000 dollars at an interest rate of \( 7 \% \) per year, compounded monthly. Give your answer accurate to 2 decimal places. \( \square \) years.