Question Joan invested $1,420 at the start of the year and found she had $1,621.40 at the end of the year. What is the annual effective yield of her investment? Input your answer as a percentage rounded to two decimal.

Answers

Answer 1

Money invested = $1420

Final money = $1621.4

Effective yield = [ 1 + i/n]^n - 1

i = nominal rate let's consider 10%

n = number of payments 12 payments because it is in a year

Effective yield = [1 + 0.1/12]^12 - 1

= [ 1 + 0.00833]^12 - 1

= [1.0083]^12 - 1

= 1.1 - 1

Effective yield = 0.10 %


Related Questions

The park near Amber's house has a path around its perimeter 3 that is mile long. Amber's goal is to walk 4.5 miles a day. If 4 Amber reaches her daily goal, how many times will Amber walk around the park?

Answers

We know that

• The path is 3 miles long.

,

• Amber's goal is 4.5 miles a day.

To find the number of times she will walk around the park, we have to divide.

[tex]\frac{4.5}{3}=1.5[/tex]Hence, Amber will walk around 1 entire lap and a half.

Z + 24 = -33one step equation

Answers

We solve as follows:

[tex]z=-57[/tex]

We operate like terms after substracting 24 from each side of the function.

A multiple choice test contains 10 questions with 5 answer choices. What is the probability of correctly answering 5 questions if you guess randomly on each question?A. 0.9936B. 0.2C. 0.0264D. 0.0003

Answers

If there are 10 questions with 5 answer choices, then first we need to find out the probability of getting the first questions randomly correct.

Therefore, that is:

[tex]\begin{gathered} Probability\text{ of getting 1 answer correct= }\frac{1}{5} \\ \\ Then\text{ if we need to get the second question correct it is:} \\ \frac{1}{5}(first\text{ question\rparen x }\frac{1}{5}=\text{ \lparen}\frac{1}{5})^2 \\ \\ And\text{ for the other questions applies the same. Therefore, if we need 5 correct answers, then:} \\ \frac{1}{5}\text{ x }\frac{1}{5}x\frac{1}{5\frac{}{}}x\frac{1}{5}x\text{ }\frac{1}{5}=\text{ \lparen}\frac{1}{5})^5\text{ = }\frac{1}{3125}=\text{ 0.0003} \end{gathered}[/tex]

The answer is D. 0.0003

A survey asked "Do you think the president is doing a great job?" Of the 1200 Americans surveyed, 800 responded yes. For a 95% level of confidence find the sample proportion and the margin of error associated with the poll.

Answers

We have here working with estimating a population proportion.

We have the following information from the question:

• The sample size, n, is equal to 1200 (n = 1200).

,

• We have that the fraction that responded "Yes" is 800.

,

• We need to find a 95% level of confidence for the margin error associated with the poll.

Now, we have the sample proportion for the sample size, n = 1200 is as follows:

Sample Proportion[tex]\begin{gathered} \hat{p}=\frac{800}{1200}=\frac{2}{3}\approx0.666666666667\approx0.67 \\ \\ \hat{p}=\frac{800}{1200}\approx0.67 \end{gathered}[/tex]

Therefore, the sample proportion for the sample size is 800/1200, which is, approximately, 0.67.

The margin of error associated with the poll

The margin of error, in this case, is given by the next formula:

[tex]E=Z_c\sqrt{\frac{\hat{p}(1-\hat{p})}{n}}[/tex]

Where:

[tex]\begin{gathered} Z_c\text{ is the critical value for a 95\% level of confidence} \\ \\ n\text{ is the sample size \lparen n = 1200\rparen} \\ \\ \hat{p}\text{ is the sample proportion \lparen800/1200\rparen} \\ \end{gathered}[/tex]

Now, we have that, for a level of confidence of 95%, the critical value is equal to z = 1.96:

Now, using all of the values at our disposal, we can use the formula to find the margin of error as follows:

[tex]\begin{gathered} E=Z_c\sqrt{\frac{\hat{p}(1-\hat{p})}{n}} \\ \\ E=1.96\sqrt{\frac{\frac{8}{12}(1-\frac{8}{12})}{1200}} \\ \\ E=0.0266722216436\approx0.027 \end{gathered}[/tex][tex]\begin{gathered} E=Z_c\sqrt{\frac{\hat{p}(1-\hat{p})}{n}} \\ \\ E=1.96\sqrt{\frac{\frac{8}{12}(1-\frac{8}{12})}{1200}} \\ \\ E=0.0266722216436\approx0.027 \end{gathered}[/tex]

Therefore, in summary, we have that:

1. The sample proportion is:

[tex]\hat{p}=\frac{800}{1,200}\approx0.67[/tex]

2. The margin of error associated with the poll is:

[tex]E=0.0266722216436\approx0.027[/tex]

How is the series 7 + 13 + 19+...+ 139 represented in summation notation?

Answers

Each term is 6 greater than the previous term.

First term is "7".

So,

a = 7

d = 6

Let's find the formula for the series,

[tex]\begin{gathered} a+(n-1)d \\ 7+(n-1)(6) \\ 7+6n-6 \\ 6n+1 \end{gathered}[/tex]

We can immediately eliminate the firsst and third choice.

The variable is "t", so the general formula will be:

[tex]6t+1[/tex]

How many terms are there?

The series starts from t = 1,

since 6(1) + 1 = 6 + 1 = 7

and 6(2) + 1 = 12 + 1 = 13

The terms match!

So, 2nd answer choice is correct!!

Answer[tex]\sum ^{23}_{t\mathop=1}(6t+1)[/tex]

Hi can someone please give a full explanation on how to solve this problem? I’ll give Brainliest

Answers

Answer:

C is correct.

Step-by-step explanation:

The area of the rectangle is 10 × 6, or 60 square meters.

The area of the triangle is 1/2 × 7 × 6, or 21 square meters.

So the area of the shaded region is the area of the rectangle minus the area of the triangle. That area is 60 - 21, or 39 square meters. C is correct.

2705 is compound annually at a rate of 8% for 1 year

Answers

The formula of compound interest is,

[tex]\begin{gathered} A=P(1+i)^n \\ \text{Here, A=2075, i=8\%, n=1 year} \\ 2075=P(1+\frac{8}{100})^1 \\ P=1921.3 \end{gathered}[/tex]

please help me Solve for a6=a/4+2-6+x/4=-59x-7=-70=4+n/5-4=r/20-52(n+5)=-2-9x+1=-80144=-12(x+5)10-6v=-104

Answers

6=a/4+2

Subtract 2 from both sides of the equation:

6-2 = a/4+2-2

4 = a/4

Multiply both sides by 4

4 (4) = a/4 (4)

16 = a

a= 16

There are 38 coins in a collection of 20 paise coins and 25 paise coins. If the total value of the collection is Rupees 8.50, how many of each are there?

Answers

We will have the following:

*First:

**We stablish that x will represent the number of 20 paise coins.

**We stablish that y will represent the number of 25 paise coins.

Second: From this we will then have:

[tex]x+y=38[/tex]

&

[tex]20x+25y=850[/tex]

[This 850 is due to the fact that 8.50 Rupees are equal to 850 paise].

*Third: We solve for either x or y in the first equation:

[tex]x=38-y[/tex]

Now, we replace this in the second equation and solve for y:

[tex]20(38-y)+25y=850\Rightarrow760-20y+25y=850[/tex][tex]\Rightarrow5y=90\Rightarrow y=18[/tex]

So, we have that there are 18 25 paise coins.

Now, using this we solve for x in the first equation:

[tex]x+18=38\Rightarrow x=20[/tex]

So, we have that there are 20 20 pais coins.

Which of the following equations does the graph below represent?

A. -3x - 6y = 36

B. -3x + 6y = 36

C. x + 6y = 36

D. 3x + 6y = 36

Answers

The equation of the line which represents the given graph is -3x + 6y = 36

We can infer from the graph that the equation of the line passes through the points (0,6) and (-12,0).

Therefore the slope of the line passing through these two points is given by:

m = (0-6)/(-12-0)

or, m = 1 / 2

Now we can use the general equation of the line to get the required equation.

y-6 = 1/2 (x-0)

or, 2y - x = 12

Now we will multiply throughout by 3 we get:

6y - 3x = 36

or, -3x + 6y = 36

The general equation for a straight line is y = mx + c, where m stands for the line's slope and c for its y-intercept. The most frequently used straight line equation is one that has to do with geometry.

There are numerous ways to express the equation of a straight line, such as slope-intercept form,  point-slope form, standard form, general form,  etc.

Hence the required equation is -3x + 6y = 36 .

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graph a piecewise function with 3 equations and sketch a graph

Answers

Solution:

Given:

[tex]h(x)=\begin{cases}2x,x\le-2 \\ x^2-1,-2A piecewise function is a function that is defined by different formulas or functions for each given interval.

It is a function in which more than one formula is used to define the output over different pieces of the domain.

The function h(x) given has three outputs for three different domains.

[tex]\begin{gathered} \text{The first is a linear function;} \\ h(x)=2x \\ \\ \text{The second is a quadratic function;} \\ h(x)=x^2-1 \\ \\ \text{The third is a linear function;} \\ h(x)=x-3 \end{gathered}[/tex]

Therefore, the graph using a graph plotter (desmos) is as shown below;

Caleb's recipe calls for 4.4 cups of an ingredient. His measuring bowl only has measurements marked in liters. Caleb knows that one cup is approximately 240 milliliters. Determine the number of liters of that ingredient that Caleb needs for his recipe.

Answers

[tex]\begin{gathered} \text{Caleb's recipe n}eeds\Rightarrow4.4\text{ cups of ingredient} \\ 1\text{ cup is equal to 240 milileters} \\ so,\text{ } \\ 1\text{cup}=240ml=0.24\text{ liter} \\ \text{then,} \\ \Rightarrow4.4cups=4.4\times0.24\text{ liter} \\ \Rightarrow1.056\text{ liter} \end{gathered}[/tex]

In ΔIJK, k = 53 cm, j = 66 cm and ∠J=64°. Find all possible values of ∠K, to the nearest 10th of a degree.

Answers

The value of ∠K is 46.2° as the definition of angle is "An angle is created by joining two line segments at one point, or we can say that an angle is the combination of two line segments at a common endpoint".

What is angle?

An angle is created by joining two line segments at one point, or we can say that an angle is the combination of two line segments at a common endpoint. When two straight lines or rays intersect at a single endpoint, an angle is created. The vertex of an angle is the location where two points come together. The Latin word "angulus," which means "corner," is where the word "angle" originates. Based on measurement, there are different kinds of angles in geometry. The names of fundamental angles include acute, obtuse, right, straight, reflex, and full rotation. A geometrical shape called an angle is created by joining two rays at their termini. In most cases, an angle is expressed in degrees.

Here,

Side i = 68.91521 cm

Side j = 66 cm

Side k = 53 cm

Angle ∠I = 69.8°

Angle ∠J = 64°

Angle ∠K = 46.2°

∠K= sin⁻¹(k·sin(J)/j)

=sin⁻¹(53.(sin 64°)/66)

=46.2°

Since the definition of an angle is "An angle is created by joining two line segments at one point, or we can say that an angle is the combination of two line segments at a common endpoint," the value of ∠K is 46.2°.

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Latoya cut a circle into & equal sections and arranged the pieces to form a shape resembling a parallelogram. So in of

Answers

Based on the diagram, the base length of the new shape is half the circumference of the circle as indicated by 1/2C.

Question 4 of 10Select the correct product of the exponential expression.35A. 5.5.5B. 3.5C. 15D. 3.3.3.3.3SUBMIT

Answers

You have the following expression:

[tex]3^5[/tex]

it means that the number 3 is multipled by itself five times (because of the exponent), then, the previous expression can be written as follow:

[tex]3^5=3\cdot3\cdot3\cdot3\cdot3[/tex]

A farmer has 36 ft of fencing and wants to enclose the maximum rectangular area for his llamas. Find the dimensions of three possible areas he could enclose. What do you think the maximum area is? Why?

Answers

The farmer would like to eclose a rectangle

First we know that the perimeter of the rectangle is

[tex]P=2x+2y[/tex]

We also know that we have 36 ft of fence, that is we only can enclose a rectangle of 36 ft of perimeter. Then

[tex]36=2x+2y[/tex]

From this we can find y

[tex]\begin{gathered} 36=2x+2y \\ 36-2x=2y \\ y=\frac{36-2x}{2} \\ y=18-x \end{gathered}[/tex]

The area of the rectangle is

[tex]A=xy[/tex]

But we know the value of y, plugging this value into the last equation we have that

[tex]A=x(18-x)[/tex]

To find three possible values for the area we only have to give values to x. This values have to be positive (since we can't have a negative lenght). We also notice that the value can't exceed 18 since that would mean a zero area. With those point in consideration we choose three values between zero and 18.

If x=3, then the area is

[tex]\begin{gathered} A=3(18-3) \\ =3(15) \\ =45 \end{gathered}[/tex]

If x=9, then the area is

[tex]\begin{gathered} A=9(18-9) \\ =9(9) \\ =81 \end{gathered}[/tex]

if x=15, then the area is

[tex]\begin{gathered} A=15(18-15) \\ =15(3) \\ =45 \end{gathered}[/tex]

Then we have three possible areas for the rectangle.

The maximum value for the area is 81, and we see that because the equation for the area is a parabola that opens down with vertex in the point (9,81)

We use absolute value to find distances in the real world. Suppose you travel 10 miles north to the grocerystore, then 6 miles south to the post office. From there, you travel 8 miles north to the nearest bank. What isthe total distance you have traveled?A. 4 milesB. 8 milesC.12 milesD. 24 milesPlease select the best answer from the choices providedOAOBOCOD

Answers

Given:

Thesis about question is given

Required:

To select which option is correct

Explanation:

assumption S1 is the distance to the grocery store

assumption S2 is the distance to the south post office

assumption S3 is the distance to the north bank

assumption S is the total distance

according to the question

S1= 10 miles S2=6 miles S3=8 miles

S=S1+S2+S3=10+6+8=24 miles

Required answer:

option D

And each diagram below, right, the 2 number on the sides of the acts that are multiplied together to get the top number of the x, but added together to get the bottom number of the x.

Answers

-34 = x*y

15 = x +y

17 and -2

__________________________

_____________

9 = x*y

6 = x +y

_

Find the area of a rectangle that is 3 3 over 4 inches long by 2 1 fourth inches wide. ANS.( Use mixed number) _______. in squared

Answers

Let's begin by listing out the given information:

[tex]\begin{gathered} Length(l)=3\frac{3}{4} \\ Width(w)=2\frac{1}{4} \\ Area=l\cdot w \\ Area=3\frac{3}{4}\cdot2\frac{1}{4} \\ Area=\frac{15}{4}\cdot\frac{9}{4}=\frac{15\cdot9}{4\cdot4} \\ Area=\frac{135}{16}=8\frac{7}{16} \\ Area=8\frac{7}{16}in^2 \\ \\ \therefore Area=8\frac{7}{16}in^2 \end{gathered}[/tex]

A) 9- (-22) - 13B) 9 - (-22) = -13A football team gained 9yards on one play andthen lost 22 yards on thenext. Write a sum ofintegers to find theoverall change in fieldposition-9- (-22) = -13D) None of the above

Answers

The sum of integers should be written like:

9 + (-22) = -13

because the are asking in fact for a SUM of integers

The two integers are 9 and -22

when added you get:

9 + (-22) = 9 - 22 = -13

If f(x) = 2x^3 + 10x^2 + 18x + 10 and x + 1 is a factor of f(x), then find all of the zeros of f(x) algebraically

Answers

Given the polynomial:

[tex]f(x)=2x^3+10x^2+18x+10[/tex]

We know that (x + 1) is a factor of f(x). We divide f(x) by (x + 1):

Then:

[tex]f(x)=(x+1)(2x^2+8x+10)=2(x+1)(x^2+4x+5)[/tex]

For the quadratic term, we solve the following equation:

[tex]x^2+4x+5=0[/tex]

Using the general solution for quadratic equations:

[tex]\begin{gathered} x=\frac{-4\pm\sqrt{4^2-4\cdot1\cdot5}}{2\cdot1}=\frac{-4\pm\sqrt{16-20}}{2}=\frac{-4\pm\sqrt{4}}{2} \\ \\ \therefore x=-2\pm i \end{gathered}[/tex]

The zeros of f(x) are:

[tex]\begin{gathered} x_1=-1 \\ \\ x_2=-2-i \\ \\ x_3=-2+i \end{gathered}[/tex]

f(x) = {(7,3), (5,3), (9,8).(11,4)}g(x) = {(5, 7),(3,5), (7,9), (9,11)}a) f-1(x)b) g-1(x)

Answers

Given the coordinates of the function;

f(x) = {(7,3), (5,3), (9,8).(11,4)}

The inverse of any coordinate points is gotten by changing the y coordinate valuewith the x coordinate values i.e y = x

f-1(x) = {(3,7), (3,5), (8,9), (4,11)

You can see that the x coordinates has been swapped with the y coordinates.

Similarly;

g-1(x) = {(7, 5),(5,3), (9,7), (11,9)}

ANYONE HELP ME WITH THE AREA OF THE FLOOR PLAN FOR THE OFFICE
NEED CLEAR EXPLAINATION AND ANSWER.

Answers

The area of the floor plan for the office is 2200 m².

We are given a diagram. The diagram shows the floor plan of an office. The height of the office is 50 meters. The length of the floor of the office is 55 meters. The width of the floor of the office is 40 meters. We need to find the area of the floor of the office.

The shape of the floor of the office is a rectangle. The area of a rectangle is calculated as the product of its length and width. Let the area of the floor of the office be represented by the variable "A".

A = 55*40

A = 2200

Hence, the area of the floor of the office is 2200 m².

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Consider a die rolling game that costs $15 per play. Rolling a 6 wins you $40, rolling a 5 gets you$25, and rolling anything else gets you nothing. Find the expected value and determine if the gameis fair.

Answers

Explanation

We need to present the information given in a table as follows:

The second column shows the probability of obtaining each event. Since they are equiprobable events, their probability are 1/6.

The next column determine the cost of obtaining each event; keeping in mid that each play costs $15.

The last column shows the expected value.

We know that If the value of the game is zero i.e. there is no loss or gain for any player, then the game is fair.

According to the table, there is a loss of 25/6, hence, the game is not fair.

Greetings, i need help with this math problem. Thank you

Answers

The numerator of the left hand side can be rewritten as:

[tex]x^2+6x+9=(x+3)^2[/tex]

Then, the given equation can be written as:

[tex]\frac{(x+3)^2}{x+3}=0[/tex]

Since

[tex](x+3)^2=(x+3)(x+3)[/tex]

we have

[tex]\frac{(x+3)(x+3)}{x+3}=0[/tex]

We can to can cancel out one term x+3 and get

[tex]x+3=0[/tex]

which gives

[tex]x=-3[/tex]

Finally, in order to check that this value corresponds to a real answer, we need to subsitute this value into the equation and compute the limit when x approaches to -3, that is,

[tex]lim_{x\rightarrow-3}\frac{x^2+6x+9}{x+3}[/tex]

which gives

[tex]l\imaginaryI m_{x\operatorname{\rightarrow}-3}\frac{x^{2}+6x+9}{x+3}=\frac{0}{0}[/tex]

Since the limit has the form 0/0 we can to apply L'Hopital rule, that is,

[tex]l\imaginaryI m_{x\operatorname{\rightarrow}-3}\frac{\frac{d}{dx}(x^2+6x+9)}{\frac{d}{dx}(x+3)}[/tex]

which gives

[tex]l\imaginaryI m_{x\operatorname{\rightarrow}-3}\frac{\frac{d}{dx}(x^{2}+6x+9)}{\frac{d}{dx}(x+3)}=l\imaginaryI m_{x\operatorname{\rightarrow}-3}\frac{2x+6}{1}=\frac{0}{1}=0[/tex]

Since the limit exists and is equal to zero then the solution of the equation is: x= -3

The total number of photos on Hannah's camera is a linear function of how long she was in Rome. She already had 44 photos on her camera when she arrived in Rome. Then she took 24 photos each day for 6 days. What is the initial value of the linear function that represents this situation? 24 photos 44 photos 6 days o days per day

Answers

she already had 44 photos

She took 24 photos each day for 6 days.

The function is:

y= 44+24x

where y is the total number of photos and x is the number of days.

The initial value is when x=0

y= 44+24(0) =44

The initial value is 44.

Find the area of quadrilateral ABCD. Round the area to the nearest whole number, if necessary.у| A(-5,4)4B(0, 3)22F(-2,1)-226 xTC(4, -1)-4E(2, -3)D(4, -5)6The area issquare units.

Answers

We have a quadrilateral ABCD and we want to calculate the area.

We can divide it in three areas (two triangles and one rectangle) and then add the surfaces.

As it is rotated 45 degrees, we can define a "new unit" that is the diagonal of a square of 1 by 1 unit, in the scale of the graph.

This new unit, the diagonal that we will call "d", by the Pythagorean theorem, has a value of:

[tex]d=\sqrt{2}[/tex]

We will start then with the triangle ABF. It has a side BF that has a value of 2 diagonals (2d) and a side FA that has a value of 3 diagonals (3d). The area of a triangle is half the multiplication of this two sides, so we have:

[tex]\frac{\bar{BF}\cdot\bar{FA}}{2}=\frac{2d\cdot3d}{2}=3d^2=3(\sqrt{2})^2=3\cdot2=6[/tex]

The second triangle is CED. We repeat the process and we have:

[tex]\frac{\bar{CE}\cdot\bar{ED}}{2}=\frac{2d\cdot2d}{2}=2d^2=2\cdot2=4[/tex]

The rectangle BCEF has an area of:

[tex]\bar{BF}\cdot\bar{EF}=2d\cdot4d=8d^2=8\cdot2=16[/tex]

Now we have the three areas. If we add them we get the area of ABCD:

[tex]6+4+16=26[/tex]

The quadrilateral ABCD has an area of 26 units^2.

make an equation to find the area of rectangle. move number and symbols to the line

Answers

Area of a rectangle

We know that the multiplication of both sides of the rectangle is the area of it.

In this case

Area: 6 x 8 = 48

given: s is the midpoint of QR , QR , PS and angle RSP and angle QSP are right angles prove PR is congruent to PQ

Answers

∆RSP ≈ ∆QSP through SAS congruency theorem. PR is congruent to PQ.

Given that,

S being the midpoint of QR

SR = QS            (∵ midpoint)

PS = PS  (common side/reflexive property)

Two right triangles are congruent due to

∵ PS ≅ PS                       (SAS congruency)

According to the SAS rule, two triangles are said to be congruent if any two sides and any angle contained between the sides of one triangle are equal to the second triangle's two sides and angle between its sides correspond to the first triangle's.

QS ≅ PS

Thus, ∆RSP ≈ ∆QSP through SAS congruency.

While PQ = PR               (by CPCT).

Hence, proved.

Therefore, ∆RSP ≈ ∆QSP through SAS congruency theorem. PR is congruent to PQ.

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i don't know how to identify the domain and range of the graph

Answers

The domain is the set of all possible values for x. All x values ( horizontal axis) that are going to be used

Domain = (-4,-1,0,4)

The range is the set of all possible y-values . All the y-values (vertical axis) that are used.

Range = (-5)

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