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%
60 is the answer area is the base times heighth always remember that
Answer:
5/6
Step-by-step explanation:
1/3 + 1/2 is a simple addition fraction problem.
You'd find the LCM (lowest common denominator) which is 6. First, we'll take 1/3 which the denominator becomes 6. You see one side has been basically multiplied by 2, so you'd do it to both sides, giving us 2/6. Next, we do the same thing with 1/2. 2 -> 6 1 -> 3. 3/6. So finally, we have 3/6 + 2/6, which is 5/6.
Answer:yes they do
Step-by-step explanation:
