Answer:
The formula to calculate APY is (1 + (i/n))^n - 1
where i is the interest rate and n is the number of compounding periods.
Monthly APY = (1 +(0.055/12)^12 -1
APY = 0.0564 = 5.64%
Quarterly APY = (1 +(0.055/4)^4 -1
APY = 0.0561 = 5.61%
Difference = 5.64 - 5.61 = 0.03% more when compounded monthly.
The APY is more when compounded monthly, because there are more compound periods.
No because the stupidity of you can not calculate
550 sq m
Step-by-step explanation:
Step 1 :
The length of the first cross road the park is 70 m
The width of the first cross road the park is 5 m
So its area is 70 * 5 = 350 sq m
Step 2 :
The length of the second cross road the park is 45 m
The width of the width cross road the park is 5 m
So its area is 45 * 5 = 225 sq m
Step 3 :
The 2 cross roads intersect in the middle at an area of 5 * 5 = 25 sq m
This area is included in the computation of the area of both the cross roads and hence we need to subtract this area from the sum of the area of both the cross roads to obtain the actual area of cross roads in the park
So we have
the area of the cross roads inside the park = 350 + 225 - 25 = 550 sq m
Answer: 70 miles
Step-by-step explanation: scince the trip is 30% finished and that 30% was 21 miles you just have to multiply 21 by 3 which is 63and than you have to figure out what 1 third of 21 is which is 7 and than you just have to add 7 to 63. Hope this helps