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Marrrta [24]
3 years ago
7

How do I go about answering questions 15?

Mathematics
1 answer:
melomori [17]3 years ago
4 0
It’s a function so yes
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A bank advertises an interest rate of 4% per year, compounded monthly
Darina [25.2K]

Given :

Interest rate , r = 4 %.

To Find :

The APY .

Solution :

APY is given by :

APY=(1+\dfrac{r}{n})^n-1

Here , r is compound interest and n is number of time compounded .

So ,

APY=(1+\dfrac{r}{n})^n-1\\\\APY=(1+\dfrac{4}{12})^{12}-1\\\\APY=30.57\%

Therefore , APY is 30.57 % .

Hence , this is the required solution .

4 0
4 years ago
There is a spinner with 15 equal areas, numbered 1 through 15. If the spinner is spun
Brrunno [24]

Answer:

1/3 and 1.5

Step-by-step explanation:

1,2,3,4,5,6,7,8,9,10,11,12,13,14,15

There are 5 Multiples of 3 on the Spinner and 3 multiples of four.

5/15 is the probability for a multiple of 3 which can be simplified to 1/3

3/15 is the probability for a multiple of 4 which can be simplified to 1/5

Hope this Helps!

5 0
4 years ago
A store purchased model railroad sets for 400 and sold them for 444 what percentage is the mark-up
andrew-mc [135]

Answer:

9.91%

Step-by-step explanation:

cost price= 400

selling price=444

profit made= 444-400

= 44

profit percentage= 44/444 ×100

=9.91%

4 0
3 years ago
Which of the following functions is graphed below ? (:
Alekssandra [29.7K]
C is the answer.  By only looking at the domain (the stuff on the right in the functions), you can see that the first equation has a hole at x=2, meaning it does not have a value here at x=2.  When x<2, there are values for the 1st function.  When x>2, there are values for the second function, as well as when x=2
5 0
3 years ago
HELP ME PLEASE:(:(:(
Citrus2011 [14]
Here are the first three the last -I’m always scared to work with fractions lol

4 0
4 years ago
Read 2 more answers
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