Bob invested $500 at the start of the year and found he had $533 at the end of the year. What is the annual effective yield of his investment? Enter your answer as a percentage to two decimal places

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04-03-2022
Mathematics

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Bob invested $500 at the start of the year and found he had $533 at the end of the year. What is the annual effective yield of his investment? Enter your answer as a percentage to two decimal places

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