APR = Annual Percentage Rate; APY = Annual Percentage Yield.
This is a tough question!!
To get the APY we use the compounding formula (A = P(1+r/n)^nt) and put $1 in
for the principal and see what our final amount is at 19.07% after a year.
A = 1(1+.1907/12)^12
A= 1.0159^12
A= 1.2083 This means
that we paid 0.2083 on our dollar after a year which means the APY is 20.83%.


Now before taking the inverse tangent of both sides, recall that

where

is any integer. This means that when taking the inverse tangent of

, instead of just

, we would end up with

So after doing so in the equation above, we're left with

As

can be any integer, including negative integers, we can simply write
The answer is 78.99%, So rounded up to 79%
plz thank me, it keeps me motivated to answer more of your questions :)
Answer:

Step-by-step explanation:
<u>Step 1: Combine like terms
</u>



Answer:

<u>If needed solve for x</u>


