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3 years ago

9

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

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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Suppose a researcher is interested in understanding the variation in the price of store brand milk. A random sample of 36 grocer

liberstina [14]

Answer: ($3.055, $3.205)

Step-by-step explanation:

Given : Significance level : $\alpha: 1-0.95=0.5$

Critical value : $z_{\alpha/2}=1.96$

Sample size : n= 36

Sample mean : $\overline{x}=\$\ 3.13$

Standard deviation : $\sigma= \$\ 0.23$

The confidence interval for population mean is given by :_

$\overline{x}\pm z_{\alpha/2}\dfrac{\sigma}{\sqrt{n}}$

$\text{i.e. }\$\ 3.13\pm (1.96)\dfrac{0.23}{\sqrt{36}}\\\\\approx\$\ 3.13\pm0.075\\\\=(\$\ 3.13-0.075,\$\ 3.13+0.075)=(\$\ 3.055,\$\ 3.205)$

Hence, the 95% confidence interval to estimate the population mean = ($3.055, $3.205)

3 0

3 years ago

Which property is used in the following? 2(8+9)= 2*8+2*9

defon

Answer:

A) None of the above

Step-by-step explanation

it's distributive property

8 0

2 years ago

What the anwser to 12x12048

HACTEHA [7]

Answer:

$12 \times 12048 \\ = 144576$

<h3>144576 is the correct answer.</h3>

Thank you ☺️

4 0

2 years ago

Can someone find the total area of this poster

xeze [42]

Answer: 1,360

Step-by-step explanation:

20 * 20 = 400

20 * 12 = 240

240 * 4 = 960

960 + 400 = 1,360

7 0

3 years ago

Simplify please help me with this question

tankabanditka [31]

Answer:

a^4

<h3>Explanation:</h3>

a^2×a^3= a^5(a^2+3)

a^5/a= a^4(a^5-1)

5 0

1 year ago