Answer: search on you tube
Step-by-step explanation:
<span>The term
describes the amount of interest Ramon will pay is APR, annual percent rate
which is 10%. The term annual percentage rate of charge (APR<span>), corresponding sometimes to a nominal </span>APR<span> <span>and sometimes to an effective </span></span>APR<span> <span>(or EAPR), describes the interest rate for a
whole year (annualized), rather than just a monthly fee/rate, as applied on a
loan,<span> </span></span></span></span>
9 < x
this means that x is a larger number than 9
9 = x
this means that x is equal to 9
Answer:
Integer, rational
Step-by-step explanation:
An integer is normally described as a positive and their opposites and zero. The explaination for blank 2 is a rational number because a rational number can also be an integer and a whole number. Hope this helps!
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
