Answer:
C :)
Step-by-step explanation:
The effective annual rate is
(1+r/n)^n -1
where r is the nominal rate and n is the number of compoundings per year.
You have r = 0.2373 and n=365, so the APY is
APY = (1 +0.2373/365)^365 -1 ≈ 26.77%
Answer:
54 ft
Step-by-step explanation:
Answer:
This should help.
Step-by-step explanation:
The attached image will help.