Mathematics High School

Knob Hill Savings Bank offers a one-year CD at 3.88% interest compounded
daily.
What is the APY for this account? Round to the nearest hundredth of a
percent.

Answers

Answer 1

Answer:

3.95%

Step-by-step explanation:

The computation of the APY is shown below:

As we know that

A = P(1 + rate)^n

where,

A = full and Final amount (Principal + Interest )

r = rate of interest

n = time

Now

Let us assume that P = $100.

Now placing the values,

A = $100 × (1 + (3.88% ÷ 365)^365

= $100 × (1 + 0.000106301 )^365

= $100 ×  (1.000106301 )^365

= $100 × 1.039560407

= $103.9560407

Now the annual percentage yield is

= Amount - principal

= $103.9560407 - $100

= 3.95%

Related Questions

Express 0.00419 in standard form

Answers

the standard form is 4.19•10^-3

gil borrows $8000 for college expenses. he will pay a total of $2280 back in interest after 6 years. what was his interest rate

Answers

Answer:

R = 41.8129%/year

Equation:

r = (1/t)(A/P - 1)

Calculation:

Solving our equation:

r = (1/6)((8000/2280) - 1) = 0.41812865

r = 0.41812865

Converting r decimal to R a percentage

R = 0.41812865 * 100 = 41.8129%/year

The interest rate required to get a total amount, principal plus interest, of $8,000.00 from simple interest on a principal of $2,280.00 over 6 years is 41.8129% per year.

Step-by-step explanation:

Answer:

I believe it is 4.75 %

Step-by-step explanation:

2,280 × 100 = 228,000

228,000 / 8,000 = 28.5

28.5/6 = 4.75 %

What number when multiplied by 113 has a product of 1

Answers

Answer:

3/4

Step-by-step explanation:

Answer:

1/13

Step-by-step explanation:

copied of that person

Use the elimination method to solve the system of equations. Choose the correct ordered pair.
3y = x - 1
x - 2y = 2

A. (10,4)
B. (4,1)
C. (6,2)
D. (12,5)

Answers

I think the answer will be C

The midpoint of AB is M(-6,1). If the coordinates of A are (-5,7), what are the
coordinates of B?

Answers

Answer:(7,-3)

Step-by-step explanation:

The answer is 73 only if u subtract

Help!!!
√−100 = __ + __ i

Answers

Answer:

-10i

10i

Step-by-step explanation:

Answer:

Step-by-step explanation:

sqrt(-100) = sqrt(100) * sqrt(-1)

sqrt(-1) = i

Sqrt(100) = 10

sqrt(-100) = 10i

Answer this for brainest :)

Answers

Answer:

-11/36

Step-by-step explanation:

Answer:

-11/36

Step-by-step explanation:

(-1/3)^2 is equal to 1/9

5/6(-1/2) is equal to -5/12

Adding them, we get 1/9 - 5/12

With a common denominator, this is 4/36 - 15/36, which gives us an answer of -11/36

I would appreciate brainliest, have an amazing day!

A math teacher graded 45 problems in
3
5
of an hour. At that rate, how many problems can she grade in 1 hour?

Answers

75 problems
3/5 of an hours is 36 minutes you can then do 45 over 36 mins and set it equal to x over 60 mins then you do 45 times 60 which equals 2700 then you divide 2700 by 36 and you get 75

pls help ill mark brainliest​

Answers

Answer:

No solution or B

Step-by-step explanation:

Multiply eq1 by 3.

3y=18x+6

3y-18x=12

Regroup:

18x-3y=-6

-18x+3y=12

Add:

0=6???

Impossible

So no solution.

Hope this helps plz mark brainliest :D

Answer:

No solution

Step-by-step explanation:

First we need to solve the equations.

I'll use the combining method

To do the combining method you need to get one of the variables in the first equation to be the negative correspondent to the same variable in the second equation.

(Ex:

If there was 2x in the first equation we would want there to be -2x in the second so they cancel out.)

y=6x+2

subtract 6x from each side to get the variables to line up

y-6x=2

3y-18x=12

To get -6x to equal 18x, we will multiply everything in the first equation by -3

-3y+18x=-6

3y-18x=12

Now combine the two terms

-3y and 3y cancel out

18x and -18x cancel out

-6+12=6

We are left with 0=6.

0 does not equal 6 so there is no solution.

divide nine by three, then subtract two double the results

Answers

Answer:

2

Step-by-step explanation:

hope this helps

Answer:

-3

Step-by-step explanation:

because nine divided by 3 is 3 then subtract 3 which is 0 then subtract 3 again which is -3

Guys quickly what is 1% of 75?

Answers

Answer:

the answer is 0.75

...................................

Isn’t it .75 ??

I’m not sure I forgot how to do this

An animal shelter spends $3.00 per day to care for each cat and $5.00 per day to care for each dog. Penelope noticed that the shelter spent $69.00 caring for cats and dogs on Tuesday. Penelope found a record showing that there were a total of 17 cats and dogs on Tuesday. How many cats were at the shelter on Tuesday

Answers

Answer:

x=16

Step-by-step explanation:

Please help ASAP Thank you

Answers

Answer:

we need the whole question

Step-by-step explanation:

post the whole question

198.8 grams ≈ ounces

Answers

Answer:

7.0124636 ounces

Step-by-step explanation:

Im really sorry if this is wrong but I think it's right

SOMEONE JUST GIVE ME THE ANSWER

Answers

Answer: I thought I saw options in the corner could you give me the options? And then I'll give my answer in the comment box;) no worries we'll figure it out!! :)

Step-by-step explanation:

Answer:

Area is 68x^2 the missing number by 3x is 5 and the missing number at the bottom is 4.

Step-by-step explanation:

4x^2-21x-18=0
Find the discriminate

Answers

a = 4, b = -21, c = -18

to keep from getting "mixed up", evaluate the discriminant first ...

b<sup>2</sup> - 4ac = (-21)<sup>2</sup> - 4(4)(-18) = 729

sqrt(729) = 27

x = (21 +/- 27)/8

x = -3/4, x = 6

since the discriminant is a perfect square, the original quadratic will factor ...

4x<sup>2</sup> - 21x - 18 = 0

(4x + 3)(x - 6) = 0

x = -3/4, x = 6

Answer:729

Step-by-step explanation: Use the values of a, b and c to find the discriminant. Which is 729

easy 25 points answer soon please

Answers

Answer:

10

Step-by-step explanation:

69 answer this

420
69
420

Answers

do you want us to add, subtract, multiply, divide...what..?

Answer:

the answer is 420 666 6969

Step-by-step explanation:

What is the value of x?
-5x – 2 = -13

Answers

Answer:

2.20

Step-by-step explanation:

So add +2 both sides that cancels 2 and that makes it -11.00 now divide it by -5 and x is by itself

So when you divide it x=2.20

Hope that helps

Answer:2.2 there you go have a nice day

I need help I don’t understand

Answers

Answer:

x=50

Step-by-step explanation:

A= 30+2x

B= x

Supplementary angles are angles that always add up to 180 degrees.

therefore, A + B=180 degrees

30 + 2x + x = 180: Now we solve

30 + 3x =180

subtract 30 from both sides

3x=150

divide by 3

3x/3 = 150/3

x= 50

the sum of a number and 6 is no less than 31​

Answers

Answer:

n + 6 > 31

Step-by-step explanation:

Whoever can answer this correctly gets Brainliest + 20 Points! Make sure to explain to me how you got your answer so I can understand and be on the same page as you.

Answers

Answer:

1.

Step-by-step explanation:

both A and B are functions

Be my best frienddd Ill make BrainLess!
Which of the following organic compounds is the main source of energy for living things?

a.

carbohydrates

c.

nucleic acids

b.

lipids

d.

proteins

Answers

Answer:

A

Step-by-step explanation:

HOPE THIS HELPS :)

find the value of b (please help quick)

Answers

Answer:

B=6

Step-by-step explanation:

It is very simple.

I have been stuck on this and don’t know what the answer is

Answers

Answer:

x= -1 or x= -11

Step-by-step explanation:

Answer:

i think its D. Im not fully sure

Step-by-step explanation:

PLEASE HELP!!

Enter numbers into the table so that the paired values are in a proportional relationship.

x 2 6 8 (?) 20
y (?) 3 4 6 10

fill the (?) in.

Answers

Answer: x is, 2 6 8 10 20-- i think

Step-by-step explanation: y is, 2 3 4 6 10

Answer:

ya he's rite

Step-by-step explanation:

Please help!!
What is the maximum value of 3x + 5y in the feasible region?
(3, 7)
(0,7)
(6, 3)
(6, 0)

Answers

Answer:

Minimum value is 18

It occurs at P(6,0)

Step-by-step explanation:

The given objective function is  

The vertices of the feasible region are .

We plug in the vertices in to feasible region and evaluate to obtain,

 P(0,7) = 3(0) + 5(7)

P(0,7) = 0+35

P(0,7) = 35

P(3,7) = 3(3) + 5(7)

P(3,7) = 9+35

P(3,7) = 44

P(6,3) = 3(6) + 5(3)

P(6,3) = 15+15

P(6,3) = 33

P(6,0) = 3(6) + 5(0)

P(6,0) = 18+0

P(6,0) = 18

A number a is a root of P(x) if and only if the remainder, when dividing the polynomial by x+a, equals zero.
a. true
b. false

Answers

Answer:

Pretty Sure False.

Answer: false

Step-by-step explanation: a pex

The length of each square on the grid represents 1 cm. The scale
from an actual rectangle to the drawing is 24 in. to 1 cm. Make a
new scale drawing where each centimeter represents 16 in.
Label the length and width of your drawing in centimeters.

Answers

Answer:

40.64 cm x 40.64 cm

Step-by-step explanation:

The directions say that 1 centimeter = 16 inches.

1 inch = 2.54 centimeters

Multiply by 16.

16 inches = 40.64 centimeters

We know each length of the square is 1 cm or 16 inches, according to the above.

(btw problem says rectangle, a square can be a rectangle.)

In 91.72 which digit is in the tens place?​

Answers

Answer:

9

ten's go for the number 10

91=9-1 9 in 90 so its 9.

so therefore your answer is 9

Step-by-step explanation:

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