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ycow [4]
3 years ago
11

Find the annual percentage yield for an account with an APR of 13.75% compounded continuously. Round your percentage to two plac

es after the decimal point.
Mathematics
1 answer:
abruzzese [7]3 years ago
4 0

Answer:

14.74%

Step-by-step explanation:

The formula for ANNUAL PERCENTAGE YIELD (APY) for an account that is COMPOUNDED CONTINUOUSLY is given as

APY = Pe^rt - 1

Where P = Principal

e = exponential

r = rate

t = time

Since Principal and Time was not given in the question,

APY = e^r - 1

r = 13.75% = 0.1375

APY = e^0.1375 - 1

APY = 1.147401706 - 1

APY = 0.147401706

Converting to percentage

= 0.147401706 × 100

= 14.7401706%

Approximately to 2 decimal places: 14.74%

Therefore, the annual percentage yield is 14.74%

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I WILL MAKE YOU BRAINIST
nekit [7.7K]

Answer:

234

Step-by-step explanation:

We want to find the summation from n = 2 to n = 10 of the equation -4 + 5n.

We can use the summation formula:

S=\frac{(a_1+a_n)*n}{2}, where a1 is the first term, a_n is the last term, and n is the number of terms

Here, we can say the first term occurs when n = 2:

-4 + 5n

-4 + 5 * 2 = -4 + 10 = 6

The last term will be when n = 10:

-4 + 5n

-4 + 5 * 10 = -4 + 50 = 46

The number of terms is just 10 - 2 + 1 = 9 terms.

Substitute these in:

S=\frac{(a_1+a_n)*n}{2}

S=\frac{(6+46)*9}{2}=\frac{468}{2} =234

Thus, the answer is 234.

8 0
3 years ago
How can I calculate the value of x
AnnyKZ [126]
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8 0
3 years ago
Select the postulate or theorem that you can use to conclude that the triangles are similar.
insens350 [35]

Answer: SAS similarity postulate

Step-by-step explanation:

According to SAS postulate of similarity, two triangles are called similar if two sides in one triangle are in the same proportion to the corresponding sides in the other, and the included angle are congruent.

In triangles, QNR and MNP,

\frac{QN}{MN} = \frac{QM+MN}{MN} = \frac{10+8}{8} = \frac{18}{8} = \frac{9}{4}

\frac{NR}{NP} = \frac{NP+NR}{NP} = \frac{10+8}{8} = \frac{18}{8} = \frac{9}{4}

\implies \frac{QN}{MN} = \frac{NR}{NP}

Also,

\angle QNR\cong \angle MNP  (Reflexive)

Thus, By SAS similarity postulate,

\triangle QNR\sim\triangle MNP

⇒ Option first is correct.

8 0
3 years ago
Eric"s father asked him to stop at the store and buy some potatoes. the price of the fruits and vegetables at the grocery is bas
meriva
(I hope I can get brainliest! :))
The total price equals how much food he buys and the price per kilogram 

<span>t = pk which is price per kilogram and number of kilo of food multiplied.
</span>
I hope I could help

6 0
3 years ago
Read 2 more answers
What would 1469.52 be rounded to?
denis23 [38]
1470 because 0.52 is close to the whole
4 0
3 years ago
Read 2 more answers
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