A bank offers an APR of 6.2% compounded daily .the annual percentage yeild is ___% ?

1 answer:

7 0

The annual yield is

(1 + 0.062/365)³⁶⁵ = 1.06396

The percentage yield is therefore 6.396% .

You might be interested in

Gelneren [198K]

Answer:

Step-by-step explanation: I got it right

5 0

3 years ago

liq [111]

Answer:

.5236

Step-by-step explanation:

Formula for sphere volume:

V = $\frac{4}{3} \pi r^{3}$

substiture 0.5 for r:

$\frac{4}{3} \pi 0.5^{3}$ = .5236

5 0

3 years ago

notsponge [240]

Hi Jordyn! I think S is segment, B is base, and L is length. I hope this helped!

7 0

3 years ago

tia_tia [17]

Answer:

6.83333333333 (repeated)

Step-by-step explanation:

1/3 x 20.5= 6.83333333333...

5 0

2 years ago

Delvig [45]

What kind of question is this? and where is the data

4 0

3 years ago