Russ deposits $4,500 in a one year CD at
4.3% interest, compounded daily. What is
his APY to the nearest hundredth of a
percent?

Answers

Answer 1

The annual percentage yield (APY) of Russ is 4.39 %

What is Annual Percentage Yield?

The annual percentage yield (APY) is the real rate of return earned on an investment, taking into account the effect of compounding interest.

Given data ,

Deposit amount of Russ = $ 4500

Interest rate R = 4.3 %

And it is given that the interest rate is compounded daily , so

Interest rate R = 4.3 % / 365

                        = 0.043 / 365

                        = 0.0001178

Now , The annual percentage yield (APY) is calculated as

The interest amount = 4500 x ( 1 + 0.0001178 )³⁶⁵

                                  = 4500 x ( 1.0001178 )³⁶⁵

                                  = 4500 x 1.04393211

                                  = 4697.694

                                  ≈ 4697.69

Therefore , the interest will be

= 4697.69 - 4500

= $ 197.69

Now , the annual percentage yield (APY) is given by

= Interest / Deposit

= 197.69 / 4500

= 0.0439

≈ 4.39 %

Hence , annual percentage yield (APY) of Russ is 4.39 %

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Related Questions

¿Cuál es el número resultante de sumarle 3 al triple de
su mitad es igual a 33?

Answers

Answer:

15

Step-by-step explanation:

1. 2x + 3 = 33

2. 2x = 33 - 3

3. 2x = 30

4. x = 15

"I'm thinking of a number. If you multiply
it by 8 and then add 17, you will get 33.
What is my number?"
Equation:
Answer:

Answers

Equation: f(or any variable) x 8 + 17 = 33
Answer: f = 2

A stack of books is 52 inches tall.
Each book is 1/2 inch thick. Which expression tells us how many books are in the stack?

Answers

Answer:

52 / (1/2)

Step-by-step explanation:

Divide the total height by the thickness of each book.

52 / (1/2)

Mary borrowed $720 from her parents. She will make equal payments of $60 per month for 12 months to repay the loan. Which equation can Mary use to find out how much money she still owes after each loan payment?

Answers

Answer:

$0

Step-by-step explanation:

Answer:

She will owe 2,391

Step-by-step explanation:

760-60x12


As Mars revolves around the sun, it travels at a speed of approximately 15 miles per second. Convert this speed to kilometers per second. At this speed, how
many kilometers will Mars travel in 20 seconds? In your computations, assume that I mile is equal to 1.6 kilometers. Do not round your answers.

Answers

Mars travels at a rate of 24 km per second.

At this rate, Mars travel 480 km in 20 seconds.

What is speed?

The speed of an item, which is a scalar quantity in everyday usage and kinematics, is the size of the change in that object's position over time or the size of the change in that object's position per unit of time.

Here, we have

Mars revolves around the sun, it travels at a rate of approximately 15 miles per second.

1 mile = 1.6 km (given)

15 miles = 15 ×1.6 = 24 km

So, Mars travels at a rate of 24 km per second.

In 20 seconds, Mars will travel 24×20 =480km

Hence, Mars travels at a rate of 24 km per second.

At this rate, Mars travel 480 km in 20 seconds.

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The temperature T, in degrees Fahrenheit, t hours after 6 AM is given by:
T(t)= -1/2t^2+8t+32
0≤1≤ 12
What is the warmest temperature of the day? When does this happen?

Answers

The warmest temperature or "maximum" temperature means we need to find the derivative of the function.

T = -(t^2)/2 + 8t + 32

dT/dt = -t +8

A maximum/minimum occurs when the derivate(gradient) = 0

Therefore, dT/dt = 0

0 = -t + 8

t = 8

Putting t = 8 back into the original equation gives.

T(8) = 64 degF

So the warmest temperature is 64 degF 8 hours after 6am so at 2pm

Lydia buy 5 pounds of apples and 3 pounds of bananas for a total of $8.50. Ari buys 3 pounds of apples and 2 pounds of bananas for a total of $5.25. This system of equations represents the situation, where x is the cost per pound of apples, and y is the cost per pound of bananas.

Answers

1. If you multiply the first equation by 2, the number to multiply the second equation by eliminating the y terms when making a linear combination is -3.

2a) The price per pound of apples is $1.25.

b) The price per pound of bananas is $0.75.

What is a system of equations?

A system of equations involves two or more equations solved together.

Such equations are also known as simultaneous equations.

5x + 3y = 8.5 ... Equation 1

3x + 2y = 5.25 ... Equation 2

Multiply Equation 1 by 2:

5x + 3y = 8.5 ... (x 2)

= 10x + 6x = 17 ... Equation 3

Multiply Equation 2 by -3:

3x + 2y = 5.25 ... (x -3)

-9x -6y = -15.75 ... Equation 4

Add Equations 3 and 4:

10x + 6x = 17

+

-9x -6y = -15.75

= x = 1.25

Substitute x = 1.25 in Equation 1:

5x + 3y = 8.5

6.25 + 3y = 8.5

3y = 2.25

y = 0.75

Check variables in Equation 2:

3x + 2y = 5.25

= 3(1.25) + 2(0.75) = 5.25

= 3.75 + 1.5 = 5.25

5.25 = 5.25

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Question Completion:

5x + 3y = 8.5

3x + 2y = 5.25

1. If you multiply the first equation by 2, what number should you multiply the second equation by in order to eliminate the y terms when making a linear combination?

2. Complete the multiplication and add the equations. What is the result?

What is the price per pound of apples? $

What is the price per pound of bananas?

Write the equation in standard form using integers.
y+3=3/4(x+5)
The equation in standard form is _____

Answers

Answer:

-3x + 4y = 3

Step-by-step explanation:

Ax + By = C  standard form

y + 3 = 3/4 (x + 5)        | ×4

4(y + 3) = 3(x + 5)

4y + 4·3 = 3x + 3·5

4y + 12 = 3x + 15

-3x + 4y = 15 - 12

The equation in standard form is    -3x + 4y = 3

foster needs to divide a plot of land covering 5 3/8​

Answers

The whole plots he can make are 43/6=7.1666

What is a ratio?

A ratio in mathematics displays the multiplicative relationship between two numbers. In a bowl of fruit, for instance, the proportion of oranges to lemons is eight to six if there are eight oranges and six lemons (that is, 8:6, which is equivalent to the ratio 4:3). In a similar vein, the proportion of oranges to the overall amount of fruit is 8:14, while that of lemons to oranges is 6:8 (or 3:4). (or 4:7).

A ratio can include any number of numbers as its components, including counts of people or things, weights, lengths, and times, among other values. Both numbers must be positive in the majority of situations.

Given, the covering land is 5(3/8) acres

That is 43/8 acres

By dividing the plots as 3/4 each, we get

(43/8)*(4/3)=43/6=7.1666

The whole plots he can make are 43/6=7.1666

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Without computing, which best describes the value of (1/4) / 274?


(A) About one

(B) Much greater than one

(C) Much less than one

(D) There is not enough information

Answers

Answer:

Step-by-step explanation:

1/4 is already less than 1.

When you divide 1/4 by 274, you get much less than 1.

Much less than 1

What number can you add to √7 to get a rational number?
√7
-√7
0
7

Answers

Answer: -√7 because it will cancel out to equal 0

Equivalent fractions for 5/6 and 4/5 using the least common denominator

Answers

The equivalent fraction using the least common denominator for 5/6 is 25/30 and for  4/5 is 24/30  .

In the question ,

it is given that ,

the fraction is 5/6 and 4/5 ,

the least common denominator of 6 and 5 is 30 .

the first fraction is 5/6 ,

since the least common denominator is 30,

we multiply the numerator and denominator by 5 ,

we get

= (5×5)/(6×5)

= 25/30

the second fraction is 4/5 ,

since the least common denominator is 30,

we multiply the numerator and denominator by 6 ,

we get

= (4×6)/(5×6)

= 24/30

Therefore , The equivalent fraction using the least common denominator for 5/6 is 25/30 and for  4/5 is 24/30  .

The given question is incomplete , the complete question is

Write Equivalent fractions for 5/6 and 4/5 using the least common denominator .

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12. The Height of the CN Tower is about 550 m. What is the height of the CN Tower in a scale drawing if the scale is 1:11 000?

Answers

The height of the CN Tower on scale drawing is 0.05.

What is scale?

A scale is a group of levels or numbers that are applied to a certain system of measurement or comparison.

Given that,

The height of CN Tower = 550 m,

Also, the scale is 1/11000

Let the height of the CN Tower in the scale is x,

Then,

x/550 = 1/11000

⇒x= =550/11000

⇒x = 0.05

The height of the CN Tower on scale drawing is 0.05.

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Which situation is best modeled by an exponential function with time as the
independent variable?
A. an investment that takes 2 years to increase in value by $50 and
10 years to increase in value by $250
B. an investment that increases by a constant factor of 1.03, or at a
rate of 3%, every year
OC. an investment that increases by $30 every year
D. an investment that increases by $1 every 2 weeks



Answers

An investment that takes 2 years to increase in value by $50 and

10 years to increase in value by $250 situation is best modeled by an exponential function with time as the independent variable

What is Equation?

Two or more expressions with an Equal sign is called as Equation.

We need to find the exponential function with time as the independent variable.

Exponential growth refers to the original value from the range increases by the same percentage over equal increments found in the domain.

an investment that takes 2 years to increase in value by $50 and

10 years to increase in value by $250

an investment that increases by a constant factor of 1.03, or at a

rate of 3%, every year

an investment that increases by $30 every year

an investment that increases by $1 every 2 weeks

Hence, an investment that takes 2 years to increase in value by $50 and

10 years to increase in value by $250 situation is best modeled by an exponential function with time as the independent variable

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PLEASE HELPPP



One of your friends missed the class on scientific notation. Describe how you would explain to your friend what it means for a number to be in scientific notation and how to convert a number from standard form to scientific notation.

Answers

Using the concept of scientific notation we can write 5.14*10^5 to convert from 5.14*10^5.

What is scientific notation?

Using scientific notation, one can express extremely big or extremely small values.

When a number between 1 and 10 is multiplied by a power of 10, the result is represented in scientific notation.

For instance, 650,000,000 can be represented as 6.5 108 in scientific notation.

The scientific notation consists of a coefficient multiplied by 10 and raised to an exponent.

To convert to a real number, start with the base and multiply by 5 tens like this: 5.14 × 10 × 10 × 10 × 10 × 10 = 514000(there are only 4 zeros because you cancel one zero to remove the decimal) so we write 5.14*10^5 to convert from 5.14*10^5.

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Please NEEEED HELP! Whoever gets it right I will give you brainliest answer!

Answers

Answer:

solve for the supplementary angles:

140 + x = 180

x = 40

then solve for 5x

40 + 5x = 90

5x = 50

x = 10

TADA!!

Answer: x = 10

Step-by-step explanation:

J - E has to be 180. 180 - 140 is 40. DHF has to be a 90 degree angle. 90-40 is 50. 5x, 50/5 is 10 so X would be ten.

The number of laps Amelie swam daily for the past 3 weeks is shown in the dot plot. A number line going from 2 to 10. 3 dots are above 2. 2 dots are above 3. 3 dots are above 4. 5 dots are above 5. 4 dots are above 6. 2 dots are above 7. 1 dot is above 10. Use the dot plot to complete the statements. The dot plot shows that Amelie swam 3 laps times. Amelie most frequently swam laps. The data distribution is .

Answers

Regarding the data-set, we have that:

The dot plot shows that Amelie swam 3 laps two times.Amelie most frequently swam 5 laps.The data distribution is left skewed.

What is shown by the dot plot?

The dot plot shows the absolute frequencies of each observation, hence we have that:

Amelie swam two laps three times.Amelie swam three laps two times.Amelie swam four laps three times.Amelie swam five laps five times. -> most frequent due to the highest number of dots.Amelie swam six laps four times.Amelie swam seven laps two times.Amelie swam ten laps one time.

The distribution is analyzed considering the mean and the median.

The mean is given by the sum of all observations divided by the number of observations, hence:

Mean = (2 x 3 + 3 x 2 + 4 x 3 + 5 x 5 + 6 x 4 + 7 x 2 + 10 x 1)/(3 + 2 + 3 + 5 + 4 + 2 + 1) = 4.85.

There are 20 observations, hence the median is composed by the mean of the 10th and of the 11 observation, which are both of five, hence the median is of five.

Since the median is greater than the median, the data distribution is left skewed.

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Answer:

5, skewed right

An equivalent expression for 4(3a+7)+3(2a+5). If a=5 are the answers the same?

Answers

(18a + 43) is an equivalent expression for the given expression i.e.

4(3a + 7) + 3(2a + 5).

Yes, the answers are same from both the expressions i.e. 133.

Given, an expression i.e. 4(3a + 7) + 3(2a + 5)

Now, we are asked to find an equivalent expression for the given expression.

So, on simplifying the given expression, we get

4(3a + 7) + 3(2a + 5)

12a + 28 + 6a + 15

12a + 6a + 28 + 15

18a + 43

So, (18a + 43) is an equivalent expression for the given expression i.e.

4(3a + 7) + 3(2a + 5)

Now, On putting the value of a = 5 in both the expressions, we get

4(3(5) + 7) + 3(2(5) + 5)

= 4(15 + 7) + 3(10 + 5)

= 4(22) + 3(15)

= 88 + 45

= 133

also in (18a + 43),

= 18(5) + 43

= 90 + 43

= 133.

Hence, (18a + 43) is an equivalent expression for the given expression i.e.

4(3a + 7) + 3(2a + 5).

Yes, the answers are same from both the expressions i.e. 133.

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If the domain of a​ one-to-one function f is ​[6​,&​), the range of its​ inverse, f-1 ​, is

Answers

If the domain of a​ one-to-one function f is ​[6​,&​), the range of its​ inverse, f-1 ​of the one to one function is [6​, &​)

What is one to one function?

In mathematics, functions are said to be one-to-one functions, when one input value only give an output. No two input values give same output value in a one to one function

Usually in mathematics, functions may have two inputs which give same outputs however for one to one functions one input value gives only one output value

Relating this to domain (input values) and range (output values) and inverse.

The domain of a one to one function will be the range of inverse of the one to one function

This is among the property of one to one function

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"I'm thinking of a number. If you multiply it
by 5 and then take away 7, you will got 53.
What is my number?"
Equation:
Answer:

Answers

Answer: 12

Equation: 12 times 5 - 7.

Step-by-step explanation: 12 times 5 is 60 and take away 7 would be 53.

Hoped This Helped!

Equation: f (or any variable) 5 - 7 = 53
Answer: 9.2

I need help with this!!!!!

3^4x + 2 = 9^x +2

Answers

3^4x+2 = 3^2x+4
4x+2 = 2x+4
2x = 2
x = 1

a baker's dozen (13) of cookies is on sale for $4.94. how much does each cookie cost

Answers

Answer:

0.41

Step-by-step explanation:

$4.94/12=0.41

Answer: $0.39.

Step-by-step explanation: $4.94. Divided by 13 = $0.38

please help me with these question i know that some are answered but there not.

Answers

Answer:

1. A

2. A, B, D

Step-by-step explanation:

The first one is pretty straightforward, divide 7^2 to both the denominator and numerator, so you get 1/7^2. 7^2 is 49, which is not 14, so A is false. Everything else produces 1/49 in some shape or form.

The second question is also relatively easy. A is correct because 1/4 is 4^-1 and (4^-1)^-1 is 4^1. B is also right because if you add all the exponents up, you basically get -5+6+1=2, and 2^2 is 4. C is wrong because (1/2)^2 is 1/4, not 4. D is correct because 2^(5-3) is 2^2, which is 4. E is wrong because 4^(4-2) is 4^2, which is 16, not 4.

Overall, it's not hard, nor does it take time, you just need to remember the basic formulas: [tex]\frac{1}{x^a} =x^{-a[/tex], [tex]x^a * x^b=x^{a+b[/tex], and [tex]\frac{x^a}{x^b} = x^{a-b[/tex]

-2x - 4y = 10
-3x-2y=-1

Answers

Answer:

3/5 elimination

Step-by-step explanation:

mark me on brainliest please follow

9. Given B is between A and C and AB = 16,
BC = 12. Find AC. (Draw it).

Answers

Answer:

28

Step-by-step explanation:

Draw a line segment.  Put A on one end and C on the other. Put B between these two points.  Mark the distance between A and B as 16 and the distance between B and C 12.  Add these two numbers together to get the distance of 28.

The hypotenuse of a right triangle measures 10 cm and one of its legs measures 8 cm.
Find the measure of the other leg. If necessary, round to the nearest tenth.

Answers

[tex]\textit{using the pythagorean theorem} \\\\ c^2=a^2+b^2\implies \sqrt{c^2 - a^2}=b \qquad \begin{cases} c=\stackrel{hypotenuse}{10}\\ a=\stackrel{adjacent}{8}\\ b=opposite\\ \end{cases} \\\\\\ \sqrt{10^2-8^2}=b\implies \sqrt{36}=b\implies 6=b[/tex]

The shallow end of a swimming pool is 3.75 feet below the pool's surface. The
deep end of the pool is 5.75 feet deeper. Write and evaluate a subtraction
expression to find the depth of the deep end of the swimming pool.

Answers

The depth of the deep end of the swimming pool is 9.50 feet.

What is an expression?

Expression simply refers to the mathematical statements which have at least two terms which are related by an operator and contain either numbers, variables, or both.

Since the shallow end of a swimming pool is 3.75 feet below the pool's surface and the deep end of the pool is 5.75 feet deeper, the depth will be:

= -3.75 - 5.75

= - 9.50

It is 9.50 feet deep.

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Write simplified expressions for the area and perimeter of the rectangle.



Area:
x+

Perimeter:
x+

Answers

Answer:

Area = 12x + 66

Perimeter = 2x + 35

Step-by-step explanation:

Area= 12(5.5 + x)

= 12x + 66

Perimeter = 2[(5.5 + x)+12]

= 2(17.5 + x)

= 2x + 35

Based on the data shown below, calculate the regression line (each value to two decimal places). Your answer should be in the form
ˆ
y
=
b
0
+
b
1
x
.

ˆ
y
=
+
x

r =


x y
5 25.6
6 26.52
7 28.14
8 30.56
9 32.18
10 35.1
11 37.32
12 39.74
13 40.96
14 44.58
15 46.2

Answers

The regression line, considering the points given in this problem, is defined as follows:

y = 2.16x + 13.61.

How to obtain the linear regression equation?

The linear regression equation is obtained inserting the points of the data, that can be given in a table or a in a scatter plot, into a linear regression calculator.

These points are composed by a value of x and a value of y, and these values are listed as follows:

Values of x: 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15.Values of y: 25.6, 26.52, 28.14, 30.56, 32.18, 35.1, 37.32, 39.74, 40.96, 44.58, 46.2.

Inserting these points into the linear regression calculator, the equation is given as follows:

y = 2.16x + 13.61.

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Find x.
Please help me with this

Answers

Answer: a.

Step-by-step explanation:

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