We have a deposit of $2000 into an account that pays 6% compounded monthly, after a year we will have:

The effective annual yield (EAY) will be:

The EAY is 101.22%
#2 10:20 of that helps can u help me on my question
Answer: x= 34
Step-by-step explanation:
Answer:
see below
Step-by-step explanation:
A graphing calculator is useful for this.
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To find the x-intercept, set y=0 and solve for x:
0 -3x = 12
x = -4 . . . . . . divide by -3
To find the y-intercept, set x=0 and solve for y:
4y - 0 = 12
y = 3 . . . . . . divide by 4
Plot the x- and y-intercepts on their respective axes and draw a line through them.
Step-by-step explanation:
y = -( 2+2)
- to find the intercept/ zero substitute y=0
- 0 = -(x-2+2) solve the equation for x
- x = 0