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:
I am sorry but I do not understand it =(
Answer:
25 hours
Step-by-step explanation:
275/11=25
Answer:
she goes through 29 rooms
Step-by-step explanation:
116/4= 29
Step-by-step explanation:
The above given expression "72t+8 " have to be factorized by the following methods.
<u>Step 1 : </u>
First we must check both numbers in order to obtain common factor for both ,for this equation "8" is the common factor for both .
<u>Step 2:</u>
After obtaining the common factor for the equation equation, we must now take the factor as common outside the bracket and form the equation as follows,
⇒ 8 * ( 9*t + 1 )
Here there are the two factors for the equation " 72 t+ 8 " that are <u>8 </u>and <u>9t+1.</u>
<u>Step 3 (optional) : </u>
Now check weather the factors are correct or not by multiplying factors with each other.
Multiplying ,
⇒ 8 * ( 9*t + 1 )
Gives -
⇒ 72 t+ 8
