Answer:
7.12
Step-by-step explanation:
The formula for the effective annual yield is given as:
i = ( 1 + r/m)^m - 1
Where
i = Effective Annual yield
r = interest rate = 7% = 0.07
m= compounding frequency = semi annually = 2
i = ( 1 + 0.07/2)² - 1
i = (1 + 0.035)² - 1
= 1.035² - 1
= 1.071225 - 1
= 0.071225
Converting to percentage
0.071225 × 100
= 7.1225%
Approximately to 2 decimal places = 7.12
Therefore, the annual effective yield = 7.12
This is known as Einstein's proof, not because he was the first to come up with it, but because he came up with it as a 15 year old boy.
Here the problem is justification step 2. The written equation
BC ÷ DC = BC ÷ AC
is incorrect, and wouldn't get us our statement 2, which is correct.
For similar triangles we have to carefully pair the corresponding parts to get our ratios right:
ABC ~ BDC means AB:BD = BC:DC = AC:BC so BC/DC=AC/BC.
Justification 2 has the final division upside down.
He has insurance in case of an accident.
Insurance, in legal and financial terms, is a form of risk management, used primarily to protect against the risk of potential financial losses.
Ideally, it is defined as the fair transfer of risk of potential loss from one entity to another in exchange for a reasonable fee. In practice, however, the insurance protection business often results in litigation between the parties concerned.
Generally, it is a contract in which one party agrees to pay for the financial losses of another party as a result of a specified event.
Learn more about insurances in brainly.com/question/25796422
Answer:
7600
Step-by-step explanation:
Because it is just x 100
Answer:
x=10/-3, 4/5
Step-by-step explanation:
f(x) = (10 - 3x)(4 - 5x)
10-3x=0
-3x=-10
x=10/3
4 - 5x = 0
-5x = -4
x = 4/5
