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%.
Answer: I believe you are correct I got the same answer as you.
Answer:
d 7/4
Step-by-step explanation:
Answer: 1.9
Step-by-step explanation:
Question 11
9.88 rounds to 10
5.2 rounds to 5
10/5 = 2