Answer:
The formula to calculate APY is (1 + (i/n))^n - 1
where i is the interest rate and n is the number of compounding periods.
Monthly APY = (1 +(0.055/12)^12 -1
APY = 0.0564 = 5.64%
Quarterly APY = (1 +(0.055/4)^4 -1
APY = 0.0561 = 5.61%
Difference = 5.64 - 5.61 = 0.03% more when compounded monthly.
The APY is more when compounded monthly, because there are more compound periods.
Answer:
(-1,-4) & (4,6)
Step-by-step explanation:
Solution is the point(s) (x,y) which lie on both the functions.
(-1,-4) & (4,6) are the points common to both functions
Answer:
PH/RC
Step-by-step explanation:
The statement of similarity of two triangle shows you which sides are corresponding by listing the vertices of the two triangles is the correct order.
CAR HOP -------> OP/AR
CAR HOP -------> PH/RC
Answer:
85 is the correct answer I think