subject
Mathematics, 17.04.2021 08:20 codie1103

Solve the problem. Round to the nearest tenth of a percent. A passbook savings account has a rate of 7%. Find the effective annual yield if the interest is compounded monthly.

Group of answer choices

7.2%

7.1%

7.3%

7%

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:30
Consider a cube that has sides of length l. now consider putting the largest sphere you can inside this cube without any point on the sphere lying outside of the cube. the volume ratio -volume of the sphere/ volume of the cube is 1. 5.2 × 10−1 2. 3.8 × 10−1 3. 1.9 4. 2.5 × 10−1 5. 3.8
Answers: 2
question
Mathematics, 21.06.2019 19:30
Finally, the arena decides to offer advertising space on the jerseys of the arena’s own amateur volley ball team. the arena wants the probability of being shortlisted to be 0.14. what is this as a percentage and a fraction? what is the probability of not being shortlisted? give your answer as a decimal. those shortlisted are entered into a final game of chance. there are six balls in a bag (2 blue balls, 2 green balls and 2 golden balls). to win, a company needs to take out two golden balls. the first ball is not replaced. what is the probability of any company winning advertising space on their volley ball team jerseys?
Answers: 3
question
Mathematics, 21.06.2019 22:40
Which of the following functions corresponds to the above sinusoid? a. 10 cos πx - 5 b. -5 sin x - 5 c. -10 cos πx/2 - 0.5 d. 10 sin πx - 5
Answers: 1
question
Mathematics, 21.06.2019 23:30
Sally deposited money into a savings account paying 4% simple interest per year.the first year,she earned $75 in interest.how much interest will she earn during the following year?
Answers: 2
You know the right answer?
Solve the problem. Round to the nearest tenth of a percent. A passbook savings account has a rate o...
Questions
question
Mathematics, 14.10.2019 21:40
Questions on the website: 13722360