1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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%

You might be interested in
Drag the tiles to the correct boxes to complete the pairs.
Ne4ueva [31]

Answer:

Part 1) -1.25 -------> 2.75/(-2.2)

Part 2) -4\frac{1}{3} --------> (-2\frac{3}{5}) / (\frac{3}{5})

Part 3) \frac{2}{3} ------> (-\frac{10}{17}) / (-\frac{15}{17})

Part 4) 3 ------> (2\frac{1}{4}) / (\frac{3}{4})

Step-by-step explanation:

Part 1) we have

2.75/(-2.2)

To calculate the division problem convert the decimal number to fraction number

2.75=275/100\\ -2.2=-22/10      

so

(275/100)/(-22/10)

Remember that

Since division is the opposite of multiplication, you can turn this division problem into a multiplication problem by multiplying the top fraction by the reciprocal of the bottom fraction

(275/100)/(-22/10)=(275/100)*(-10/22)=-(275*10)/(22*100)=-(275)/(220)

Simplify

Divide by 22 both numerator and denominator

-(275)/(220)=-125/100=-1.25

Part 2) we have

(-2\frac{3}{5}) / (\frac{3}{5})

To calculate the division problem convert the mixed number to an improper fraction  

(-2\frac{3}{5})=-\frac{2*5+3}{5}=-\frac{13}{5}

so

(-\frac{13}{5}) / (\frac{3}{5})

Since division is the opposite of multiplication, you can turn this division problem into a multiplication problem by multiplying the top fraction by the reciprocal of the bottom fraction

(-\frac{13}{5}) / (\frac{3}{5})=(-\frac{13}{5})*(\frac{5}{3})=-\frac{13*5}{5*3}=-\frac{13}{3}

Convert to mixed number

-\frac{13}{3}=-(\frac{12}{3}+\frac{1}{3})=-4\frac{1}{3}

Part 3) we have

(-\frac{10}{17}) / (-\frac{15}{17})

Since division is the opposite of multiplication, you can turn this division problem into a multiplication problem by multiplying the top fraction by the reciprocal of the bottom fraction

(-\frac{10}{17}) / (-\frac{15}{17})=(-\frac{10}{17})*(-\frac{17}{15})=\frac{10*17}{17*15}=\frac{10}{15}

Simplify

Divide by 5 both numerator and denominator

\frac{10}{15}=\frac{2}{3}

Part 4) we have

(2\frac{1}{4}) / (\frac{3}{4})

To calculate the division problem convert the mixed number to an improper fraction  

(2\frac{1}{4})=\frac{2*4+1}{4}=\frac{9}{4}

so

(\frac{9}{4}) / (\frac{3}{4})

Since division is the opposite of multiplication, you can turn this division problem into a multiplication problem by multiplying the top fraction by the reciprocal of the bottom fraction

(\frac{9}{4}) / (\frac{3}{4})=(\frac{9}{4})*(\frac{4}{3})=\frac{9*4}{4*3}=\frac{9}{3}=3

8 0
3 years ago
URGENT
nadya68 [22]

Answer:

Scalene, Acute

Step-by-step explanation:

Scalene because each side has a different length

obtuse because one angle is more than 90°

6 0
3 years ago
Suppose we have collected times, in minutes, that it takes volunteers to complete a set of pencil and paper mazes. Volunteers ar
Leto [7]

Answer:

Is an experimental study

Step-by-step explanation:

In an observational study you don't control any aspect of the investigation you just observe the variables that you determined since the beginning without any intervention.

In this case you are controlling who sees one or the other video, then you are controlling one of the variables that is the type of video each group sees and because of this it is an experimental study. Researchers designed an experiment to prove the null hypothesis they had.

3 0
3 years ago
What is the value of x + 3y + z if x = 4, y = 5, and z= 22<br>a) 16<br>b) 41<br>c) 2​
fgiga [73]

Answer:

OPTION B - 41

Step-by-step explanation:

An expression is given and the corresponding values for the expression are also given. We have to substitute the given values to arrive at the answer.

The given expression is:   x + 3y + z.

Also given: x = 4, y = 5, z = 22.

Substitute these values in the above expression, we get:

4 + 3(5) + 22 = 4 + 15 + 22 = 41.

∴                                       x + 3y + z = 41

3 0
3 years ago
Find the y-intercept of the function: f(×)=(×+10)/(×-5)​
ArbitrLikvidat [17]

Answer:

(-10,0)

Step-by-step explanation:

Hello

this is (-10,0) point

because f(-10)=0

hope this helps

4 0
3 years ago
Read 2 more answers
Other questions:
  • the cup was filled at a constant rate. it started empty. after 2 seconds, it held 70 cm^of water.Find the percent of the cup tha
    10·2 answers
  • John owns a hotdog stand. He has found that his profit is represented by the equation P=-x^2+78x+89, with P being the profit in
    6·1 answer
  • Hey guys, I need your help again!! This is confusing me.
    5·2 answers
  • A bowl contains pecans, cashews, and almonds in a ratio of 6 : 10 : 15, respectively. If some of the nuts of one of the three ty
    10·1 answer
  • Square GYTD has vertices G(-4,3) ; Y(0, 3) , T(0, -1) and D(-4, -1) . square GYTD is translated 2 units left and 2 units up what
    10·1 answer
  • The graph shows the number of hours per day spent on social media by a group of teenagers and the number of hours per day spent
    9·1 answer
  • Please help me with substitution! I'm terrible at it. :(<br> -3x+5y=-11<br> y=2x-5
    7·1 answer
  • How does estimating an addition or subtraction problem help you know if an answer is reasonable?
    9·1 answer
  • 10. <br>V=720 cm<br>L=?<br>P=15 cm<br>T=8 cm<br>A. 6 cm<br>B. 8 cm<br>C.10 cm<br>D. 12 cm​
    12·1 answer
  • What is 3 1/2 divided by 4/5?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!