( 1 point ) Pepper earns interest at a nominal rat le of 9% compounded quarterly . A O . 1 % expense is charged quarterly to lately after the

This is the question of financial mathematics:' what annual effective yield is Pepper receiving?'

( 1 point ) Pepper earns interest at a nominal ratle of 9% compounded quarterly . A O . 1 % expense is charged quarterly tolately after the interest is eathe account immediately afterearned . What annual effective yield isPepper receiving ?Answer