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Author Question: Solve the problem. Round to the nearest tenth of a percent. A = PntP = A = PertY = n - 1A passbook ... (Read 236 times)

Metfan725

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Question 1

Solve the problem. Round to the nearest tenth of a percent.

A = PntP = A = PertY = n - 1

A passbook savings account has a rate of 5%. Find the effective annual yield if the interest is compounded daily.
◦ 5.3%
◦ 5%
◦ 5.6%
◦ 5.1%

Question 2

Solve the problem. Round to the nearest tenth of a percent.

A = PntP = A = PertY = n - 1

A passbook savings account has a rate of 7%. Find the effective annual yield if the interest is compounded 1000 times per year.
◦ 7.2%
◦ 7.3%
◦ 6.5%
◦ 7.6%


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Marked as best answer by Metfan725 on Feb 2, 2020

asdfasdf

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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.
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Metfan725

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Reply 2 on: Feb 2, 2020
Wow, this really help


alexanderhamilton

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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