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
ale4655 [162]
2 years ago
15

If Apr of a savings account is 2.7% and interest is compounded quarterly, what is the approximate APY of the account

Business
1 answer:
solniwko [45]2 years ago
8 0

Answer:

0.0273 = 2.7%

Explanation:

APY = (1 + r/m)^m - 1

       = (1 + 0.027/4)^4   -  1

       = 0.0273 = 2.73%

You might be interested in
Which of these elements contributes toward globalization of the economy?
Shtirlitz [24]

Answer:

Use of foreign labor

Explanation:

A p E x Verified

5 0
3 years ago
Read 2 more answers
For a college student who needs to buy an $80 textbook, the money she received from her parents for the purchase of school suppl
Ainat [17]

The money she received from her parents for the purchase of school supplies would be used as a medium of exchange.

<h3>What is money?</h3>

Money is anything that is generally chosen and accepted by a community, as a medium of exchange and standard of value.

Characteristics of money are:

  • Medium of exchange
  • Store of value
  • Measure of value

Hence, the money she received from her parents for the purchase of school supplies would be used as a medium of exchange.

Learn more about money here: brainly.com/question/3182649

#SPJ1

3 0
2 years ago
leadership has many facets, but the central feature of leadership is the ability to command and control others.
Step2247 [10]

The statement is True. Leadership has many facets, but the central feature of leadership is the ability to command and control others.

“The movement of Leadership a collection of people or an employer.” this is how the Oxford Dictionary defines management. In simple phrases, management is set taking dangers and hard the status quo. Leaders inspire others to obtain something new and higher.

Management abilities may be practiced to any degree irrespective of the identity you have. Leadership may be a critical capability to have because a great leader is capable of convey out the quality talents in his/her team participants and motivating them to paint collectively in attaining a shared intention.

One definition of management is to “inspire, influence and manual others to take part in a not unusual effort.” right leaders do not simply bark orders or hand out directives without an explanation. as an alternative, they use effective communication and motivation strategies to facilitate motion by using their teams.

Learn more about  leadership here brainly.com/question/1232764

#SPJ4

4 0
1 year ago
Boxer Inc. reported inventory at the beginning of the current year of $360,000 and at the end of the current year of $411,000. I
Lerok [7]

Answer:

9.75

Explanation:

4 0
3 years ago
A 3-year bond has an 8.0% coupon rate and a $1,000 face value. If the yield to maturity on the bond is 10%, calculate the price
Vedmedyk [2.9K]

Answer:

$738.68

Explanation:

the price of the bond is $738.68.

4 0
3 years ago
Other questions:
  • Which assessments uses computer adaptive technology to provide answers
    10·1 answer
  • All new employees must first complete a six-week training program.
    11·1 answer
  • If the type of departmentalization used by an organization tends to emphasize departmental units rather than the organization as
    8·1 answer
  • Blue Water Boats is considering a new project with perpetual cash inflows of $435,000, cash costs of $310,000, and a tax rate of
    6·1 answer
  • A customer has a broadly diversified stock portfolio with a current market value of $2,500,000. The customer wishes to hedge the
    14·1 answer
  • The practical application of techniques and knowledge is called __________.
    14·1 answer
  • Carmichael Inc. has a beginning balance in Accounts Receivable of $100,000 at June 1. On June 24, Carmichael sells $20,000 of me
    12·1 answer
  • TB MC Qu. 10-144 (Algo) Doogan Corporation makes a product ... Doogan Corporation makes a product with the following standard co
    6·1 answer
  • Explain the following definition of marketing ethics
    14·1 answer
  • Two major variables in choosing the structure and design of an organization are the opportunities and need for ________.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!