ihatemath1232hhftcyc ihatemath1232hhftcyc
  • 15-08-2016
  • Mathematics
contestada

A bank offers an APR of 6.2% compounded daily .

the annual percentage yeild is ___% ?

Respuesta :

AL2006
AL2006 AL2006
  • 15-08-2016
The annual yield is

                 (1 + 0.062/365)³⁶⁵  =  1.06396

The percentage yield is therefore   6.396% .
Answer Link

Otras preguntas

In Things Fall Apart, what factors (that he cant control) contribute to Okonkwo having a tragic life?
What is the probability of rolling doubles
A bag contains 1 blue, 2 green, 3 yellow, and 3 red marbles, as shown. What is the probability of drawing a red marble out of the bag without looking? col. 20
A dog is leashed to the end of an infinitely long wall with angled ends in an infinitely large grass field, with measurements as shown. If the area of the regio
What is the area of the deck?
convert a measurement of 1.0 x 10-4 cg to its equivalent in mg please help
What is one of the four freedoms that Roosevelt identifies in his Four Freedoms speech? O A. Freedom to bear arms • B. Freedom from oppression • C. Freedom of w
Windborn Company has 25,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed a
When a pandemic happens, which organization is MOST likely to be asked to help with this critical health issue? (1 point) O WHO O SAMHSA O Harvard University Am
how can social activism help to fight lack of basic needs (water and health services)​