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
Tasya [4]
3 years ago
13

Supriya invested $14,320 in a highly rated ETF. At the end of four years, she had $18,434. What was her annual effective yield o

n this investment? Enter your answer as a percent rounded to four decimal places.
Mathematics
1 answer:
adoni [48]3 years ago
6 0

Answer:

6.517%

Step-by-step explanation:

This is a multi-year investment and we are not working with a $1 initial investment. There is no mention of compounding so we will use formula A=P0⋅(1+r)N with A=$18,434 and P0=$14,320. We do not know the value of r. However, N=4 years. Substituting the values we have $18,434=$14,320⋅(1+r)4. Divide both sides of the equation by $14,320. Next, take the fourth root of both sides of the equation and subtract 1 to find the decimal form of r.

$18,4341.287291.065170.06517=$14,320⋅(1+r)4=(1+r)4=1+r=r

Finally, convert r to a percent.

r=0.06517×100%=6.517%

You might be interested in
Jenny walked 2.5 miles in 50 minutes . At this rate , how many minutes did it take her to walk 1 mile ?
Harlamova29_29 [7]
For this question, let's use algebra!

<u>2.5 miles</u>  =  <u>50 minutes</u>
 1 mile             x minutes

x minutes = 50 x 1 ÷ 2.5
x minutes = 20

Hope this helps!
8 0
3 years ago
Read 2 more answers
5. Write an equation for a line with a slope of -4 and goes through the point (5, -1). Show all work.​
Artyom0805 [142]

Answer:

y=-4x+19

Step-by-step explanation:

Plug into point-slope formula

y-y1=m(x-x1)

y-(-1)=-4(x-5)

y+1=-4x+20

 -1          -1

y=-4x+19

4 0
3 years ago
A cell phone and phone case cost $110 in total. The cell phone costs $100 more
Olegator [25]

Answer:

Step-by-step explanation:

p + c = 110

p = c + 100

c + 100 + c = 110

2c + 100 = 110

2c = 110 - 100

2c = 10

c = 10/2

c = 5 .......cost of the phone case

p = c + 100

p = 5 + 100

p = 105 <=== cost of the phone

3 0
3 years ago
14. 3/64 + 2/32 + 5/16 = <br>what is the answer ​
Anit [1.1K]

Answer:

27/64

Step-by-step explanation:

(7×16)+(5×64)64×16

=112+3201/024

=432/1024

Simplifying 432/1024, the answer is

=27/64

3 0
2 years ago
Read 2 more answers
400 reduced by 3 times my age is 163
Blababa [14]
400 - 3x = 163

Add 3x to both sides.

400 = 163 + 3x

Subtract 163 to both sides.

237 = 3x

237/3 = 79
5 0
3 years ago
Other questions:
  • a soccer team hopes to win at least 3 games for every 2 lost during the season. if there are 15 games scheduled, how many games
    11·1 answer
  • With the sum of 16 and the difference of 6 what would be the two numbers to solve it
    8·2 answers
  • Wooden blocks are stacked to form a cube 4 blocks wide, 4 blocks long and 4 blocks high. Write the number of blocks used as a po
    7·1 answer
  • I need the solution
    10·1 answer
  • Identifying Rays and Segments
    6·2 answers
  • Geometry matching help
    10·1 answer
  • What is the volume of the prism?
    8·1 answer
  • Which of the following characteristics does not describe a stock?
    12·2 answers
  • An expert diver is looking for a particular species of fish along the coast line. He dives 30 feet below the surface of the ocea
    7·1 answer
  • Find unknown angles, value of 'x' and unknown sides:​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!