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Mazyrski [523]
3 years ago
14

PLEASE HELP!!!!!! ILL GIVE BRAINLIEST *EXTRA 40 POINTS** !! DONT SKIP :((

Mathematics
2 answers:
elena-14-01-66 [18.8K]3 years ago
8 0

Answer:

yes

Step-by-step explanation:

I think sorry if I am wrong

katrin2010 [14]3 years ago
3 0
Answer
No
Explanation

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<h3>Answer: Choice C</h3>

Explanation:

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3 years ago
A bank features a savings account that has an annual percentage rate of 3.5% with interest compounded quarterly. Vanessa deposit
vazorg [7]

Answer:

APY = 0.04 or 4%

Step-by-step explanation:

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We can use the following formula to solve for the annual percentage yield (APY):

APY =  (1 + \frac{r}{n})^n - 1

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 + \frac{r}{n})^n - 1

APY =  (1 + \frac{.035}{4})^4 - 1

APY =  (1 + 0.00875)^4 - 1

APY =  (1.00875)^4 - 1

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75:80   OR    15:16

Step-by-step explanation:

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