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Bond [772]
3 years ago
14

Suppose Jessica opens a savings account with $5000 that compounds interest daily. The APR at the time Jessica opens the account

is 3.5%. She makes no other withdrawals or deposits. What is her APY to the nearest hundredth of a percent?
Mathematics
1 answer:
IrinaK [193]3 years ago
6 0
Hi there

1+0.035=(1+r/360)^360
Solve for r
R=(((1.035)^(1÷360)−1)×360)×100
R=3.44%
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Big ideas math 1.2 Practice A number 19
slega [8]

By applying Segment Addition Postulate, segment FH is equal to 24 units.

<h3>What is a point?</h3>

A point can be defined as a zero dimensional geometric object and it is generally represented by a dot.

<h3>What is a line segment?</h3>

A line segment can be defined as the part of a line in a geometric figure such as a triangle, circle, quadrilateral, etc., that is bounded by two (2) distinct points and it typically has a fixed length.

<u>Given the following data:</u>

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Read more on line segment here: brainly.com/question/17617628

#SPJ1

Complete Question:

Given that line segment FG = 37 and segment HG = 13, find segment FH.

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1 year ago
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