Answer:
7.12
Step-by-step explanation:
The formula for the effective annual yield is given as:
i = ( 1 + r/m)^m - 1
Where
i = Effective Annual yield
r = interest rate = 7% = 0.07
m= compounding frequency = semi annually = 2
i = ( 1 + 0.07/2)² - 1
i = (1 + 0.035)² - 1
= 1.035² - 1
= 1.071225 - 1
= 0.071225
Converting to percentage
0.071225 × 100
= 7.1225%
Approximately to 2 decimal places = 7.12
Therefore, the annual effective yield = 7.12
Answer:
x x x c. c c c c d sbsbbdbcbdbcbbxbcbcbbvbbcbvbcbcbcnc
Answer: the answer is 34
Step-by-step explanation:
Answer/Step-by-step explanation:
✔️Using trigonometric ratio, find b:
Reference angle = 45
opposite = 8
Hypotenuse = b
Thus,
Sin(45) = 8/b
b = 8/sin(45)
b = 8/(1/√2) (sin 45 = 1/√2)
b = 8 × √2/1
b = 8√2
✔️Find a using trigonometric ratio:
Reference angle = 60°
Hypotenuse = b = 8√2
Adjacent = a
Therefore,
Cos(60) = a/8√2
8√2*cos(60) = a
8√2*½ = a
4√2 = a
a = 4√2
✔️Find c using Pythagorean Theorem:
c² = b² - a²
c² = (8√2)² - (4√2)²
c² = 128 - 32
c² = 96
c = √96
c = √(16*6)
c = 4√6
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