This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Find the APY for an APR of 4.5% compounded continuously. (Read 87 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
on: May 5, 2020

Question 1

A bank offers a 3.75% annual interest rate compounded monthly. The APY is approximately.
◦ 3.8212%
◦ 3.8151%
◦ 3.8031%
◦ 3.7852%
◦ 3.7500%

Question 2

Find the APY for an APR of 4.5% compounded continuously.
◦ 4.5940%
◦ 4.5506%
◦ 4.5765%
◦ 4.6028%
◦ 4.5000%
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lidoalex on May 5, 2020

kilada

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: May 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


lidoalex

  • Member
  • Posts: 538
Reply 2 on: May 5, 2020
Wow, this really help

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Chéri Samba, Problème d'eau. Où trouver l'eau? (The Water Problem. Where to Find ... Chéri Samba, Problème d'eau. Où trouver l'eau? (The Water Problem. Where to Find ...
How to find the derivatives of trigonometric functions using the chain rule (Part 2) How to find the derivatives of trigonometric functions using the chain rule (Part 2)
Find the derivative by using the chain rule - Solution Help Find the derivative by using the chain rule - Solution Help
Find derivative using product rule Find derivative using product rule
Find a quadractic equation that models the data in standard form Find a quadractic equation that models the data in standard form
A peice of paper has a perimeter of 100 cm and an area of 616cm^2. Find the dimensions A peice of paper has a perimeter of 100 cm and an area of 616cm^2. Find the dimensions
Video: Bone Healing Animation

For a complete list of videos, visit our video library