Determine the effective annual yield for $1 invested for 1 year at 3.7% compounded semiannually.
1 answer:
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Answer:
No; he did the survey incorrectly.
He surveyed 107 people, not 100.
Step-by-step explanation:
Draw a Venn diagram, when you are presented with information like this;
Presenting it in a Venn diagram would look like what is shown in the pic.
P.S. when drawing a Venn diagram, start with the information regarding individuals who fit in all categories and then work your way to the individuals who fit in just in one category.
