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gregori [183]
3 years ago
6

Does anyone know this

Mathematics
1 answer:
MrRissso [65]3 years ago
6 0

nopeStep-by-step explanation:

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Alex invests his money in an account paying 2% interest compounded semiannually. What is the effective annual yield on this acco
Travka [436]

Answer: 2.01%.

Step-by-step explanation:

Suppose Alex invests $1 into the account for one year. The formula is A=P0⋅(1+rk)N⋅k with P0=$1. We know that r=0.02 and k=2 compounding periods per year. Now, N=1 year. Substituting the values we have A=$1⋅(1+0.022)2=$1.0201. Now, to calculate the effective annual yield, we will use the formula rEFF=A−P0P0. rEFF=1.0201−11=0.0201 or 2.01%. When rounded to two decimals, rEFF=2.01%. However, do not include the % in your answer.

3 0
3 years ago
This Christmas, your brother Jack will be 2 years from being twice as old as your sister Jen. The sum of Jacks age and three tim
zhannawk [14.2K]

Age of Jen is 13.6 years old

<em><u>Solution:</u></em>

Let "x" be the age of Jack and "y" be the age of Jen

Given that This Christmas, your brother Jack will be 2 years from being twice as old as your sister Jen

The above sentence can be written mathematically as:

Jack age + 2 = twice of age of Jen

x + 2 = 2y\\\\x = 2y - 2---- eqn 1

The sum of Jacks age and three times Jen's age is 66

Jack age + three times Jen age = 66

x + 3y = 66 ---- eqn 2

Substitute eqn 1 in eqn 2

2y - 2 + 3y = 66

5y - 2 = 66

5y = 68

<h3>y = 13.6</h3>

Thus age of Jen is 13.6 years old

5 0
4 years ago
What is the sum 1,826+2,149+1,023
saul85 [17]

Answer:

4998

Step-by-step explanation:

hope this helps

8 0
2 years ago
Read 2 more answers
Algebra : solve for m? f=ma
Charra [1.4K]
Just make m the subject m=fa
8 0
4 years ago
How do you reduce the ratio 104 to 1008
Helen [10]
Treat as fraction
104/1008
divide top and bottom by 2
52/504
divide by 2
26/252
divide by 2
13/126

13:126
8 0
4 years ago
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