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%
1% as a fraction is 1/100
1% as a decimal is 0.01
D. If you were to say the given ratio aloud, it would go something like this: 4 to 3, 4,3 or 4 sports video games to 3 driving ones. So, the answer is 4 to 3, or answer D.
Answer:ok I’ll join
Step-by-step explanation:
Answer:
$75.08
Step-by-step explanation:
x over 57.75 = 30 over 100
57.75 * 30
1732.5 / 100
17.325
57.75 + 17.325
75.075
Simplify = $75.08