Mathematics, 19.10.2021 14:50 axthomas0475
Suppose that you deposit $1000 in a savings account at an APR of 4.5% compounded quarterly. The amount in the account after one year is $1045.77 A Find the annual percentage yield (APY) to the nearest hundredth of a percent. APY = ? B. Why is the APY greater than the APR? PC. If the bank compounded continuously, how would the APY from part A be affected?
Answers: 2
Mathematics, 21.06.2019 15:40, sheabenitez305
Jonathan pays $1.90 per pound for potatoes. he buys 8.3 pounds of potatoes. he determines that he will pay $15.77, before tax, for the potatoes. which best describes the reasonableness of jonathan’s solution? jonathan’s answer is reasonable because there are two decimal places in the factors and two in the product. jonathan’s answer is unreasonable because there are three decimal places in the factors and two in the product. jonathan’s answer is reasonable because is 16, and 16 is close to 15.77. jonathan’s answer is unreasonable because is 8, and 8 is not very close to 15.77.
Answers: 1
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