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zheka24 [161]
3 years ago
9

Find the annual percentage yield (APY) in the following situation,

Mathematics
1 answer:
netineya [11]3 years ago
3 0

Answer:

3.95%

Step-by-step explanation:

An interest-bearing account paying a stated nominal or annual interest rate of 3.880% compounded monthly, would translate to an Annual Percentage Yield (APY) or Effective Annual Rate (EAR) of 3.95%. This means that $100.00 will grow to $103.95 ($103.95 rounded) after one year.

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Step-by-step explanation:

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3 years ago
What is constant of Proportionality in the equation y = 2.5x ?
Tpy6a [65]

Answer:

<em>2.5</em>

Step-by-step explanation:

A direct variation equation has the form y = kx, where k is the constant of proportionality.

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3 years ago
How to solve for 4(m - 2 ) = 24
tino4ka555 [31]

4(m - 2 ) = 24

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3 years ago
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5 0
3 years ago
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There are 10 boys and 12 girls in the tennis club. The coach wants to select two players to practice first. Which statements are
Sidana [21]
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