We have a deposit of $2000 into an account that pays 6% compounded monthly, after a year we will have:

The effective annual yield (EAY) will be:

The EAY is 101.22%
Answer: 9.70%
Step-by-step explanation:
The formula to find the percentage error is given by :-

Given : Actual mass of zinc oxide used by pharmacist = 28.35 g
Estimated mass of zinc oxide used by pharmacist =31.1 g
Now, 
i.e. 
i.e. 
Hence, the percentage of error on the basis of the desired quantity.= 9.70%
Using geometric sequence concepts, it is found that:
a) The rule is:
.
b) An exponential relationship exists between the two variables.
<h3>What is a geometric sequence?</h3>
A geometric sequence is a sequence in which the result of the division of consecutive terms is always the same, called common ratio q.
The nth term of a geometric sequence is given by:

In which
is the first term.
A geometric sequence represents an exponential relationship between the variables.
In this problem, considering that the first-place finisher wins half of $1.500.000 in total prize money, and each finisher earns half of the one who finished above, the first term and the common ratio are given by:
.
Hence the nth term of the sequence is given by:

More can be learned about geometric sequence concepts at brainly.com/question/11847927
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Step-by-step explanation: