Find the annual percentage yield (apy) in the following situation a bank offers an apr of 5 8% compounded daily. the annual percentage yield is (do not round until the final answer then round to two decimal places as needed)

3, 12, 48, 384, 1536, 6144, 24576, 98304

step-by-step explanation:

just keep timing it by 4.

x =±sqrt(1/3)

step-by-step explanation:

x+4/6x=1/x

multiply each side by 6x to get rid of the fractions

6x*(x+4/6x)=1/x*6x

distribute

6x^2 +4 = 6

subtract 4 from each side

6x^2 +4-4 = 6-4

6x^2 =2

divide by 6

6x^2/6 = 2/6

x^2 = 1/3

take the square root of each side

sqrt(x^2) = ±sqrt(1/3)

x =±sqrt(1/3)