I give 15 points; I think all wrong, BUT it Should have an answer, please help me.
1 answer:
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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%
Grace weighed 167 pounds before she started her exercise program.
Step-by-step explanation:
Given,
Weight lost by Grace = 45 pounds
Weight of Grace after exercise weeks = 122 pounds
Let,
x represents the weight of Grace before she started the exercise program.
Loss means subtraction, therefore,
We will subtract the lost weight from original weight.
Original weight - Weight lost = Weight after exercise weeks
Adding 45 on both sides
Grace weighed 167 pounds before she started her exercise program.
Keywords: equation, addition
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