Mathematics, 08.08.2021 22:10 Jadiahd

A bank quotes an interest rate as 0.06341 annual effective yield. What interest rate, compounded monthly, will provide that annual effective interest rate? Round your answer to five decimal places and do not round any intermediate calculations to
less than seven decimal places.
Select the correct answer below:
O 0.06163
O 0.06161
O 0.06164
O 0.06162
RECORACY

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:30, mimithurmond03

Question 5 spring semester final exam math evaluate

Answers: 2

continue

Mathematics, 21.06.2019 20:30, cgarnett5408

Find the magnitude, correct to two decimal places, made by each of the following with positive direction of the x axis a) y= x the answer is 45° but i don’t know how

Answers: 2

continue

Mathematics, 21.06.2019 20:30, anniekwilbourne

Kayla made observations about the sellin price of a new brand of coffee that sold in the three different sized bags she recorded those observations in the following table 6 is $2.10 8 is $2.80 and 16 is to $5.60 use the relationship to predict the cost of a 20oz bag of coffee.

Answers: 3

continue

Mathematics, 22.06.2019 01:30, madisonnewby5021

Which shaded region is the solution to the system of inequalities? y y[tex]\geq[/tex]-x+1

Answers: 3

continue

You know the right answer?

A bank quotes an interest rate as 0.06341 annual effective yield. What interest rate, compounded mon...