APY = (1 + r/n)^n - 1
r = interest rate
n= number of times compounded
APY = (1 +0.065/365)^365 - 1
= 6.715%
Answer:
for what source
Step-by-step explanation:
Since y=k, there is a slope of zero, which is just a horizontal line k units from the x-axis. In this case k=-5, so the graph of y=-5 is a horizontal line 5 units below the x-axis...