Answer:
7.12
Step-by-step explanation:
The formula for the effective annual yield is given as:
i = ( 1 + r/m)^m - 1
Where
i = Effective Annual yield
r = interest rate = 7% = 0.07
m= compounding frequency = semi annually = 2
i = ( 1 + 0.07/2)² - 1
i = (1 + 0.035)² - 1
= 1.035² - 1
= 1.071225 - 1
= 0.071225
Converting to percentage
0.071225 × 100
= 7.1225%
Approximately to 2 decimal places = 7.12
Therefore, the annual effective yield = 7.12
453 + 557 = 1010
P = 0
B = 5 <==
C = 3 <==
Q = 1
Please find attached photograph for your answer
Answer:
Step-by-step explanation:
whenever you see these questions, just subtract the first number, 3, from the total number. Doing this, 24 - 3 = 21
The number is 21
This is the way that I find easiest, and I shall try to explain it best.
so here, I'll give an example say your trying to find the square root of 9
what times what equals 9? 3 X 3 does so your square root of 9 would be 3
say you have to find the square root of 16
4 X 4 so the answer is the square root if 16 is 4
last example, say your trying to find the square root of 25
5 X 5 is 25. so therefore the answer is the square root of 25 is 5
I hope this is helpful
