Mathematics: The savings account offering which of these aprs and compounding periods offers the best apy? a) 3.1196% compounded semiannually b) 3.1184% compounded quarterly c) 3.1095% compounded daily d) 3.1172% compounded monthly

The savings account offering which of these aprs

Ответ:

SavageKidKobe

08.01.2022

A)

$\bf \qquad \qquad \textit{Annual Yield Formula}
\\\\
\left. \qquad \qquad\right. \left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 3.1196\%\to \frac{3.1196}{100}\to &0.031196\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{semi-annually, thus twice}
\end{array}\to &2
\end{cases}
\\\\\\
\left. \qquad \qquad\right. \left(1+\frac{0.031196}{2}\right)^{2}-1$

b)

$\bf \qquad \qquad \textit{Annual Yield Formula}
\\\\
\left. \qquad \qquad\right. \left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 3.1184\%\to \frac{3.1184}{100}\to &0.031184\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{quarterly, thus four times}
\end{array}\to &4
\end{cases}
\\\\\\
\left. \qquad \qquad\right. \left(1+\frac{0.031184}{4}\right)^{4}-1$

c)

$\bf \qquad \qquad \textit{Annual Yield Formula}
\\\\
\left. \qquad \qquad\right. \left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 3.1095\%\to \frac{3.1095}{100}\to &0.031095\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{daily, assuming 365 days}
\end{array}\to &365
\end{cases}
\\\\\\
\left. \qquad \qquad\right. \left(1+\frac{0.031095}{365}\right)^{365}-1$

d)

$\bf \qquad \qquad \textit{Annual Yield Formula}
\\\\
\left. \qquad \qquad\right. \left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 3.1172\%\to \frac{3.1172}{100}\to &0.031172\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{monthly, thus twelve times}
\end{array}\to &12
\end{cases}
\\\\\\
\left. \qquad \qquad\right. \left(1+\frac{0.031172}{12}\right)^{12}-1$

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Ответ:

brandon2222269

15.06.2022

Mathematics

Most bills — about 90% — die in committee or subcommittee, where they are pigeonholed, or simply forgotten and never discussed. If a bill survives, hearings are set up in which various experts, government officials, or lobbyists present their points of view to committee members.

Explanation:

this is all i could find im sorry if it didnt help:(

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The savings account offering which of these aprs and compounding periods offers the best apy?
a) 3.1196% compounded semiannually
b) 3.1184% compounded quarterly
c) 3.1095% compounded daily
d) 3.1172% compounded monthly

Ответ:

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