SalimaA322319 SalimaA322319

03-11-2022
Mathematics

contestada

find the annual percentage yield apyA bank offers an apr of 2.5% compounded semiannually

Respuesta :

NoahG514283 NoahG514283

03-11-2022

Apr = 2.5% every 6 months

Use formula

N = N1 ( 1+ 2.5/100)^ 2

APY= (1 + r/2) ^2 - 1

. = ( 1 + 2.5/2) ^2 - 1

. = (2.25)^2 - 1

. = 4.0625

Then answer is

Annual percentage yield

APY = 4.06 %

Answer Link

Otras preguntas

Write each number in standard form. 2. eight and fifty-nine hundredths 3. seven and three thousandths 1 4.3 +2× +4× 1,000

Review. A global positioning system (GPS) satellite moves in a circular orbit with period 11h 58 min.(a) Determine the radius of its orbit.

a patient with a right side, benign adrenal adenoma has a laparoscopic adrenalectomy. what cpt® and icd-10-cm codes are reported?

an in-depth description and interpretation of behavior in an ethnic or a cultural group that includes direct involvement with the participants is a(n) .

Read the following passage. Then, answer the questions. Keisha approached the outpost to deliver the bad news. She walked across the familiar barren fields, ben

In humans, pancreatic cells synthesize the protein insulin in the endoplasmic reticulum (ER). Patients diagnosed with type 1 diabetes have immune systems that m

A travel agent is booking trips for tourists who travel from New York to Chicago. Tourists have three choices for how to travel from New York to Chicago. They c

based on of plymouth plantation (links to an external site.), which aspect of the pilgrims’ culture and society was most important to them?

you hear a familiar word in your native language and it is virtually impossible not to recognize the word's meaning. this best illustrates the importance of:

Arrange the following in order from least to greatest 3 4. π/2, 0.5, √4