
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system

A commercial bank offers the following interest scheme (simple interest) for a one-year term deposit:

- For the first 3 months, interest is accrued at an annual rate of 12%.
- For the next 3 months, interest is accrued at an annual rate of 8%.
- For the remaining months, interest is accrued at an annual rate of 6%.

When closing the deposit, a one-time fee of 1% of the deposit amount is charged for "document processing."

Calculate the actual annual yield that the depositor will receive from this deposit over a year.

Present the answer in LaTex format: \boxed{Your answer}
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