Answer:
7.12
Step-by-step explanation:
The formula for the effective annual yield is given as:
i = ( 1 + r/m)^m - 1
Where
i = Effective Annual yield
r = interest rate = 7% = 0.07
m= compounding frequency = semi annually = 2
i = ( 1 + 0.07/2)² - 1
i = (1 + 0.035)² - 1
= 1.035² - 1
= 1.071225 - 1
= 0.071225
Converting to percentage
0.071225 × 100
= 7.1225%
Approximately to 2 decimal places = 7.12
Therefore, the annual effective yield = 7.12
Answer:
O The number of ounces is graphed on the y-axis, and the number of quarts is graphed on the x-axis.
Step-by-step explanation:
This was a multiple choice question right?
I believe O The number of ounces is graphed on the y-axis, and the number of quarts is graphed on the x-axis. is the answer.
Answer:
$28.08
Step-by-step explanation:
104%×12+104%×15
=$28.08
Hope this helps!!!
Answer:
y=11
Step-by-step explanation:
3y=y+22
3y-y=y-y+22
2y=22
y=11
