Answer: 2.01%.
Step-by-step explanation:
Suppose Alex invests $1 into the account for one year. The formula is A=P0⋅(1+rk)N⋅k with P0=$1. We know that r=0.02 and k=2 compounding periods per year. Now, N=1 year. Substituting the values we have A=$1⋅(1+0.022)2=$1.0201. Now, to calculate the effective annual yield, we will use the formula rEFF=A−P0P0. rEFF=1.0201−11=0.0201 or 2.01%. When rounded to two decimals, rEFF=2.01%. However, do not include the % in your answer.
Answer:
The answer is D
Step-by-step explanation:
the graph matches the Q
Answer:
7.3
Step-by-step explanation:
I think
So if the 3 is on the outside of the parenthesis 3( it means you have to multiply 3 times the numbers inside the parenthesis. 3 X n+7 + 3n + 21. hope this hint helps.
Answer:
-2.5 = x
Step-by-step explanation:
Multiply by what's in the parentheses by 2.
6x - 1 = 4x - 6
Add 6 to both sides of equation.
6x + 5 = 4x
Subtract 6x from both sides.
5 = -2x
Divide both sides by -2.
-2.5 = x
