We have a deposit of $2000 into an account that pays 6% compounded monthly, after a year we will have:

The effective annual yield (EAY) will be:

The EAY is 101.22%
Answer:
Please check the explanation.
Step-by-step explanation:
Given the sequence
2, 6, 10, 14, 18
An arithmetic sequence has a constant difference and is defined as

compute the differences of all the adjacent terms

The difference between all the adjacent terms is the same.
Thus,

and

Therefore, the nth term is computed by:


Thus, position to term rule of 2, 6, 10, 14, 18 multiply by __4___ and subtract by __2__.
Answer:
a b c
plz give branliest
Step-by-step explanation:
Answer:
13.66
Step-by-step explanation:
In the picture above