MATHEMATICS MIDDLE SCHOOL

The APR of Burt's savings account is 2.5%, but interest is compounded onlyonce a year. What is the APY of Burt's savings account?
O
A. 2.5%
O
B. 1%
O
C. Greater than 1% but less than 2.5%
O
D. Greater than 2.5%

Answers

Answer 1
Answer:

Annual Percentage Yield (APY) of Burt's savings account is 2.5%

Step-by-step explanation:

Annual percentage rate refers to the annual percentage return of the saving account held by Burt's. The interest rate is compounded annually. Hence, the interest is added annually to the account.

Annual Percentage yield refers to the real rate of return that is earned on the savings. This interest is accrued in compounding fashion. Higher the interest rate more is the amount returned.

Hence, the Annual Yield of the Burt's savings account is 2.5%

Answer 2
Answer:

Answer:

A. 2.5%

Step-by-step explanation:

Related Questions

Rewrite the function c(x) =9(x+3) using the distributive property
Which of the following is an odd function?
List multiples to find the LCM of 27 and 45A. 45B. 675C. 1, 215D. 135
Which of the following is the most appropriate unit to describe the rate at which data is transferred using the internet?
What’s 10% of 70 I really need the answer plz help!!!!!

A cheese pizza costs $5. Additional toppings cost $1.50 each. Write and graph an equation in two variables that represents the total cost of a pizza. Let tt represent the number of toppings and c represent the total cost of the pizza. An equation in two variables that represents the total cost of a pizza is c=____

Answers

$6.50 I guess, because I added $5 and $1.50 and got $6.50

the area of Mike's rectangular garden is 360 square feet. The garden is 12 feet wide. what is the length of fencing Mike will need to buy in order to fence in the garden completely on all four side? Show your work.

Answers

Area of a rectangle = length * width
360 = length * 12
360/12 = length
30 feet = length

How do you do 7x > 56

Answers

well, you can do anything to it as long as you it to both sides
(also if you divide or multply by a negaive, you have to flip the sign like from > to < and vice verca)

7x>56
we want only 1x
7/7=1 so
divide both sides by 7 to keep it same
7/7x>56/7
1x>8
x>8

x is greater than 8 but not including 8 is teh solution

x>8
Well. All you do is just divide both sides by 7. That's all.

7x > 56
/7      /7

x > 8.

How to factor out the coefficient of the variable : 1/2m + 1/2 = ??

Answers

(1)/(2)m+(1)/(2)=(1)/(2)(m+1)
1/2m+1/2

=1/2(m+1)

*Research the "distributive property" to simplify such problems.

Below is an example of how the distributive property functions:

a(b+c+d)

=ab+ac+ad

The fraction F below is an extended fraction. What simple fraction in lowest terms is equal to F?

Answers


I was really scared when I first looked at this ... I thought it was gonna
keep going to infinity, and I don't know how to handle those.

But this fraction only has 2 or 3 levels to it, so I think we can do it without
too much trouble.

The secret is: You definitely have to start at the bottom and work
your way up.

-- See the bottom level ?  It's  2 + 1/3 . 
-- Change that number all to an improper fraction, and it's  7/3 .

The reason I want to do that is because it's the denominator of the
next fraction up, and that fraction is (1 over it). 

-- The denominator of the next fraction up is 7/3, so 1 over it is just 3/7.

-- Now, before we go up to the top level, it looks like we're supposed to
add the big black ' 1 ' to where we are now ... to the 3/7 .

' 1 ' = 7/7 .  Add that to the 3/7, and we have  10/7 .

All we have left now, out of the whole pile, is  (1 over 10/7).

And that's just 7/10.

The area of a triangle is 56.4 cm2 and the base is 12 cm. What is the height of the triangle

Answers

area of a triangle= base x height / 2
so reverse this to get the answer
56.4x2=112.8
112.8/12=9.4
the height of the triangle is 9.4cm
Other Questions
What is the slope of the line y= 7x - 8?
The Parks Department wants to put a sidewalk diagonally across a square park. The perimeter of the park is 8 miles. a.     What is the width of the park? What will the length of the sidewalk be? Round your answer to the nearest tenth
What is the equation of the line that passes through the points (5,2) and (-5,7)
If f(x) is a third degree polynomial function , how many distinct complex roots are possible