Becauseeeeee you wouldn't want to do stuff yourself of course of course!
Give me more points, and I will ;)
Answer:
x= - 7 / 3
Step-by-step explanation:
1st determine the sign: -6=5x - 17 / -3
2nd move the terms: -6 = 5x + 17 / 3
3rd calculate:: -5x = 17 / 3 + 6
4th divide both sides: -5x = 35 / 3
Solution: x = - 7 / 3
438+382
Add
Final Answer: 820
Answer:
6.13%
Step-by-step explanation:
We are given an investment of $8000 deposited for 4 years. We have to find the effective annual yield for which we will need the interest rate and the compounding period.
Annual interest rate compunded quarterly, r = 6% = 0.06
Compounding period is quarterly, n = 4
Annual EffectiveYield = ![(1+\frac{r}{n})^{n}-1\\=(1+\frac{0.06 }{4})^{4}-1](https://tex.z-dn.net/?f=%20%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bn%7D-1%5C%5C%3D%281%2B%5Cfrac%7B0.06%20%7D%7B4%7D%29%5E%7B4%7D-1)
= 0.0613
The annual effective yield is 6.13%