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leva [86]
3 years ago
12

You invest $1600 in an account paying 5% interest compounded daily. What is the account's effective annual yield? Assume 360 day

s in a year.
The account's effective annual yield is ___% (Round to two decimal places as needed)
Mathematics
1 answer:
Pavlova-9 [17]3 years ago
3 0

Answer:

5.13%.

Step-by-step explanation:

Amount  accumulated in 1 year

= 1600(1 + 0.05/360)^360

= $1682.03

Account's effective annual yield

= 82.03 * 100  / 1600 %

= 5.13%.

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Step-by-step explanation:

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A parallelogram is a two-dimensional geometrical shape whose sides are parallel to each other. It is a type of polygon having four sides (also called quadrilateral), where the pair of parallel sides are equal in length. The Sum of adjacent angles of a parallelogram is equal to 180 degrees.

Step-by-step explanation:

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1 year ago
I don't understand rational and irrational numbers
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A rational number is a number which can be expressed as a fraction whose numerator and denominator are both integers and whose denominator is not equal to zero. Rational numbers include all integers, fractions, mixed numbers, and some decimal numbers.

 

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\dfrac{7}{16} \ as \ a \ decimal = 0.4375


Set \ up \ the \ long \ division. 


Calculate \ 70 \div 16, \ which \ is \ 4  \ with \ a \ remainder \ of \ 6.




Bring \ down \ 0, so \ that \ 60 \ is \ large \ enough \ to \ be  \ divided \ by \ 16.




Calculate \ 60 \div 16, which \ is \ 3 \ with \ a  \ remainder \ of \ 12.




Bring \ down \ 0, so \ that \ 120 \ is \ large \ enough \ to \ be \ divided \ by \ 16.




Calculate \ 120 \div 16, which \ is \ 7 \ with \ a \ remainder \ of \ 8.




Bring \ down \ 0, so \ that \ 80 \ is \ large \ enough \ to \ be \ divided \ by \ 16.



Calculate \ 80 \div 16, which \ is \ 5. 

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Decimal = 0.4375&#10;

4 0
3 years ago
Ali’s dog weighs 8 times as much as her cat. Together, the two pets weigh 54 pounds. How much does Ali’s dog weigh?
baherus [9]
Ali's dog weighs 48 pounds.
5 0
3 years ago
Read 2 more answers
What's the area of the composite figure below ?
JulsSmile [24]

Answer:

31.13

Step-by-step explanation:

If you look carefully, you will find a semicircle and a triangle.

The total area is =

\frac{\pi r^{2}}{2} + \frac{1}{2} \times base \times height\\

  • r = 4 - 0 = 4
  • base = |-4-0 | = 4
  • height = 14 - 9 = 5

So if we put the values:

\frac{\pi \times 4^{2}}{2} + \frac{1}{2} \times 4 \times 3\\= 31.13

3 0
3 years ago
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