Given :
Interest rate , r = 4 %.
To Find :
The APY .
Solution :
APY is given by :

Here , r is compound interest and n is number of time compounded .
So ,

Therefore , APY is 30.57 % .
Hence , this is the required solution .
Answer:
let x adult and y student attended
x+y= 94
x=94-y
again
4x+2y = 294 53 adults and 41 student attended
376-4y+2y =294 the event
2y =82
y=41
substituting the value of y in
x+y =94
x= 94-41 = 53
Step-by-step explanation:
8(x)+8(2)
8x+16
8 divided by 16 = 2
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