1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MariettaO [177]
1 year ago
13

Gerd+is+considering+an+account+that+earns+6%+interest+per+annum+compounded+monthly.+what+is+the+annual+percentage+yield+(apy)?

Business
2 answers:
ludmilkaskok [199]1 year ago
8 0

The annual percentage yield (APY) that Gerd will get is:

6.2%

The exact rate of return that an investor receives from an investment after compounding the values on a monthly basis is known as the annual percentage yield.

The nominal interest rate, the number of times the value is compounded annually, and the base of the logarithm are all taken into account by the formula used to calculate the annual percentage return.

After compounding Gerd's interest on a monthly basis, with this formula:

APY= (1 + r/n )n – 1,

The Annual percentage yield gotten is 6.2.

Learn more about annual percentage yield here:

brainly.com/question/11855598

#SPJ4

aleksandr82 [10.1K]1 year ago
4 0

Answer:

The answer is shown in the picture

Explanation:

You might be interested in
In network marketing sales people earn money from their own sales and from what?
Stels [109]
The answer I think it is ,is (B.)
3 0
3 years ago
Read 2 more answers
Rollins Corporation is constructing its marginal cost of capital (MCC) schedule. Its target capital structure is 30 percent debt
MrRissso [65]

Answer:

The After Tax Cost of Debt = 0.072 or 7.2%

Explanation:

The question is to determine the After Tax Cost of Debt for Rolling Stone.

This is carried out as follows

Step 1: When we decide to calculate the Yield to Maturity, it should be noted that Market Value = Par Value

Therefore,

Coupon Rate which is the same as the Yield to Maturity (YTM) = 12%

Step 2: Based on this derivative, therefore,

After Tax Cost of Debt = Yield TO Maturity Rate (1-Marginal Tax Rate)

= 12% (1-40%)

= 0.12 (1-0.4)

The After Tax Cost of Debt = 0.072 or 7.2%

6 0
3 years ago
On December 31, Strike Company sold one of its batting cages for $20,000. The equipment had an initial cost of $310,000 and had
KonstantinChe [14]

Answer:

d.loss of $30,000

Explanation:

The initial cost of the cage: $310,000.00

Selling price: $ 20,000.00

Depreciation recorded: $260,000.00

calculating book value: (initial cost-Depreciation)

=$310,000-$260,000

Book value =$50,000.00

Profit or loss=selling price- book value.

=$20,000.00- $50,000.00

=($30,000.00)

loss of $ 30,000.00

8 0
3 years ago
Mutual funds offer small investors an opportunity to diversify their investments.
Firdavs [7]
A. True the answer is not false
3 0
4 years ago
Read 2 more answers
what does stiglitz argue about globalization? what does he see as the strengths and weaknesses of globalization? how does stigli
Levart [38]

According to Stiglitz, depending on how it is managed, globalization may succeed or fail.

<h3>What does Joseph Stiglitz believe in?</h3>

Success, according to Joseph Stiglitz, occurs when national governments manage it by embracing the unique traits of each nation. When it is governed by global organizations like the IMF, it fails. Finance ministers and bank governors, who have formulated policies that benefit the financial sector, are said to be in charge of the IMF, according to Stiglitz.

In addition, the "Washington Consensus," a collection of policies that promotes "stabilization, liberalization, and privatization" of the economy, is harmful since it places a strong emphasis on deregulation. Instead, policies should aid nations in creating "the proper regulatory system." In the end Stiglitz adds that, a stronger commitment to democratic principles by the Bretton Woods Institutions.

To learn more about ,Joseph Stiglitz visit:

brainly.com/question/29549334

#SPJ1

3 0
1 year ago
Other questions:
  • Let’s suppose you (USA dealer) imported a product from German on Dec 1, 2018 at € 300, payable in 60 days. You sold the product
    13·1 answer
  • Your business plan calls for utilizing a computerized lathe. The lathe costs $12,000. If you borrow the money to buy it, you wil
    6·1 answer
  • Country a produces about four times the amount of diamonds in carats produced in country
    5·1 answer
  • Three employees of a hardware store damaged a tile floor while moving concrete pavers from their delivery truck to an outdoor pa
    12·1 answer
  • A good brand name should ________. Select all that apply. a. be legally available for use and unique among competition b. realiz
    11·1 answer
  • Employee a. who executes orders to buy and sell for clients of his or her brokerage firm. b. individual who trades on the floor
    6·1 answer
  • Some organizations rely upon a formal group authorized and responsible for reviewing, evaluating, approving, delaying, or reject
    7·1 answer
  • Suppose the price of a substitute to lcd televisions rises. What effect will this have on the market equilibrium for lcd​ tvs? T
    7·1 answer
  • Why should your business use Performance Planner?
    13·1 answer
  • Subway, the sandwich shop, is run by Jim, Tim and Kim. When a customer arrives, Jim spends 5 minutes taking order from the custo
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!