Answer:
7.12
Step-by-step explanation:
The formula for the effective annual yield is given as:
i = ( 1 + r/m)^m - 1
Where
i = Effective Annual yield
r = interest rate = 7% = 0.07
m= compounding frequency = semi annually = 2
i = ( 1 + 0.07/2)² - 1
i = (1 + 0.035)² - 1
= 1.035² - 1
= 1.071225 - 1
= 0.071225
Converting to percentage
0.071225 × 100
= 7.1225%
Approximately to 2 decimal places = 7.12
Therefore, the annual effective yield = 7.12
I don't exactly get what your supposed to do but I thought it like this:
T V
3000 0
3000 4000
5000 4000
5000 8000
the last two are the final answers on how long the ran or it could be Terrel ran 5 kilometers while Victor ran 8 kilometers, but still idk what exactly your supposed to put
Just took the test and got the the correct answer *\(♡°▽°♡)/*
Look at the image down below!!
200-144=56
56/2=28
Neil is 28