We have a deposit of $2000 into an account that pays 6% compounded monthly, after a year we will have:

The effective annual yield (EAY) will be:

The EAY is 101.22%
What's the equation with x? I can't solve it without knowing where to find x....
Answer:
Rise it to 2
(
x
^2
)
^2
−
9
^2
=
0
Step-by-step explanation:
Answer:
1 / 9
Step-by-step explanation:
P(Green) = 5 / 10
P(Blue) = 3 / 10
P(Red) = 2 / 10
These are independent events as one cannot occur at the same time as the other so can multiply their probabilities together
First choice green: 5 / 10
The denominator will decrease because we arent replacing the marbles after we take one out of the bag
Second choice red: 2 / 9
So
5 / 10 x 2 / 9
10 / 90 = 1 / 9