Answer:
your answer should be 45
Step-by-step explanation:
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
Answer:
4, see below :)
Step-by-step explanation:
We can rewrite the equation into:
3.5 + 2 - 1.5
First we add 3.5 and 2
3 and 2 are in the ones place so:
5, and then you added the .5
5.5
Then:
5.5 - 1.5
First we subtract the tenths place so:
.5 - .5 = 0
Then the ones:
5 - 1 = 4
The common denominator would be 40
