After eating at a restaurant, Mr. Jackson's bill before tax is $52.50. The sales tax rate is 8%. Mr. Jackson decides to leave a
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parallel sides measure :
- 10 ft -(a)
- 12 ft. -(b)
Area :
- 44 ft²
height (h) = x
___________________
Therefore, height of Trapezoid is 4 ft
_____________________________
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%