discodazz9 discodazz9

02-08-2020
Mathematics

contestada

A savings account has a rate of 2.25% . Find the effective annual yield of interest is compounded quarterly

Respuesta :

mathmate mathmate

02-08-2020

Answer:

The effective yield is 2.269% to the thousandth.

Step-by-step explanation:

Effective annual yield compounded quarterly, given API

(1+API/4)^4 - 1

= (1+0.0225/4)^4 - 1

= 0.022691

Answer Link

Otras preguntas

Identify the function g(x) that is a vertical stretch by a factor of 6, a shift right 3 units, and a shift down 1 unit of the parent function f (x) = x2.

Can anyone help it’s the end of the 9 weeks I NEED HELP ILL GIVE BRAINLIST.

Determine if the figures below are similar. If they are, identify the similarity statement.

how to identify vertical angles

What compound inequality represents the phrase? Graph the solutions. all real numbers w that are less than –7 or greater than 14

Can someone help me with answer 8 plz and explanation I’ll give brainlist and points

What is the answer to -3/4 + (-3/8 )

how can barriers affect physical fitness?

Find the distance between these points. W(-6, -8), X(6, 8)

¿En qué clase tienes que aprender de memoria?