Penny invested $320 at the start of the year. At the end of the year, she had $345. What is the annual effective yield of her investment? Input your answer as a percentage to two decimal places but omit the% sign (7.2564% should be input as 7.26)

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Penny invested $320 at the start of the year. At the end of the year, she had $345. What is the annual effective yield of her investment? Input your answer as a percentage to two decimal places but omit the% sign (7.2564% should be input as 7.26)

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