consider and account with an apr of 6.8%. find the apy with quarterly compounding, monthly compounding, and daily compounding. comment on how changing the compounding affects the annual yeild.

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Ответ:

kbows12

12.04.2020

Mathematics

Step-by-step explanation:

We need to understand the rule shown below to solve this:

$\sqrt[n]{x^b} =x^{\frac{b}{n}}$

The expression to change is $5*x^{\frac{1}{4}}$

The second part can be written as (using the rule): $x^{\frac{1}{4}}=\sqrt[4]{x^1}=\sqrt[4]{x}$

And since 5 is a coefficient multiplied, we simply have : $5*\sqrt[4]{x}$

Which is "5 times the fourth root of x", D is the correct answer.

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consider and account with an apr of 6.8%. find the apy with quarterly compounding, monthly compounding, and daily compounding. comment on how changing the compounding affects the annual yeild.​