Answer:
1.35
Step-by-step explanation:
I believe this is right but it could be wrong. Hope this helps! <3
Answer is 11
Just trust me
Answer:
APY = 0.04 or 4%
Step-by-step explanation:
Given the annual percentage rate of 3.5% that is compounded quarterly, and a principal of $6,500:
We can use the following formula to solve for the annual percentage yield (APY):

where <em>r</em> = interest rate = 3.5% or 0.035
<em> n</em> = number of compounding periods per year = 4
We can plug in the values into the equation:




APY = 1.03546 - 1
APY = 0.04 or 4%
Answer:

Step-by-step explanation:
The formula for the Newton's method is:

Where
is the first derivative of the function evaluated in
.

Lastly, the value of
is determined by replacing
with its numerical value:


