If the APR of a savings account is 1.9% and interest is compounded semiannually, what is the approximate APY of the account

A. 1.9166%
B. 1.9136%
C. 1.9090%
D. 1.9151%

Answers

Answer 1

Answer:

C. 1.9090%

Step-by-step explanation:

We have been given that the APR of a savings account is 1.9% and interest is compounded semiannually. We are asked to find the APY of the account.

To solve our given problem, we will use APY formula.

[tex]APY=(1+\frac{r}{n})^n-1[/tex], where,

r = Annual interest rate in decimal form,

n = Number of times interest is compounded per year.

Let us convert our given rate in decimal form.

[tex]1.9\%=\frac{1.9}{100}=0.019[/tex]

Upon substituting [tex]r=0.019[/tex] and [tex]n=2[/tex] in APY formula we will get,

[tex]APY=(1+\frac{0.019}{2})^2-1[/tex]

[tex]APY=(1+0.0095)^2-1[/tex]

[tex]APY=(1.0095)^2-1[/tex]

[tex]APY=1.01909025-1[/tex]

[tex]APY=0.01909025[/tex]

Since APY is in decimal form, so we will multiply APY by 100 to get as percentage.

[tex]APY=0.01909025\times 100[/tex]

[tex]APY=1.909025\%\approx 1.9090\%[/tex]

Therefore, the the approximate APY of the account 1.9090% and option C is the correct choice.


Related Questions

Don't worry about the pics at the bottom plz help

Answers

first one: x>5
second one: x≥5
im pretty sure its right
Hope this helps love! :)

mixed number change into a improper fraction 3 9/12 + 6 1/2 show ur work

Answers

3 9/12= 3 3/4
3 3/4= 15/4

6 1/2= 13/2
13/2(2/2)= 26/4

15/4+ 26/4= 41/4

The answer is 41/4 or 10 1/4.

Hope this helps!
Answer 1 1/4. first for 3 9/12 you multiply 12 x 3 + 9 same for 6 1/2. then add. then make it into a mixed fraction again.

------Seventh Grader

what is the answer to this problem?

Answers

Every two consecutive angles are supplementary

so x+115 = 180        x= 65

and x+y = 180         y = 115


you can pick the second choice 
X=65 or y =115, because they are supplementary meaning it must equal 180 degrees for adjacent angles. This would make it certain this is a parallelogram.
Hope it helped!

caryssa makes bracelets to sell at craft fairs. The supplies she needed to start her business cost $45. In addition, the supplies for each bracelet cost her $3. She sells her bracelets for $5. What is the minimum number of braclets she must sell to make a profit?

Answers

She spent 48 dollars meaning she must sell at least 10 bracelets to make a profit (5.10)= 50

What is the equation of a horizontal line passing through the point (-7,5)

Answers

y=5x-(-7) that is the answer

The simplified version of what you’re asking, and by simolified i mean solved, is Y= 5

You are considering leasing one of two store sites of equal size. The first site features a percentage lease of 4% of sales per month. The second site features a triple net lease with these monthly terms: rent is 3% of sales, insurance is $175, maintenance is $50, utilities total $345, and property tax is $165. Your business plan estimates your monthly sales to average $85,000. Which lease is better for you financially?

Answers

The amount due for the first term of payment is the product of the total sales and the percentage.

(1)      Amount due = ($85,000)(0.04) = $3,400

The total amount due for the second term of payment is the product of the total sales and the percentages together with all the fees specified in the item (insurance, maintenance, and utilities).

(2)      Amount due = ($85,000)(0.03) + $175 + $50 + $345 = $3,120

If we are to compare the two amounts, using the second term of payment, lesser amount will be paid. Thus, the answer to this item is the second choice. 

Answer: Second site

Step-by-step explanation:

just did the quiz

Why does the limit as x approaches zero for the function f(x)=sin(π/x) not exist?


limx→0 sin(π/x)

Answers

as x approaches 0, pi/x approaches infinity
that would be sin(infinty) which is nonexistant because it goes up and down and doesn't approache a value

Ramona is ordering carpet for a room that is 19.5 feet by 41.6 feet. the carpet is $9.50 per square foot. about how many square feet of carpet will ramona need to order to cover the entire room

Answers

Okay. So first off, we find the area of the room by multiplying 19.5 * 41.6. When those numbers are multiplied, the product is 811.2. Ramona will need 811.2 square feet of carpet in order to cover the entire room.

Bob did one random math fact on the first day, two random math facts on the second day, three random math facts on the third day, and so on. On which day will he do his 97th random math fact?

Answers

it will be on the 14th day.

 See attached picture:

Answer:

on the 14th day

Step-by-step explanation:

Indicate the equation of the given line in standard form.

The line through (2, -1) and parallel to a line with slope of 3/4

Answers

Since the slope stays the same as it's parallel, we have y=(3/4)x+b. Plugging (2,-1) in, we get -1=3*2/4+b=6/4+b=1.5+b. Subtracting 1.5 from both sides, we get -2.5=b and our equation being y=(3/4)x-2.5 (since in y=mx+b, y and x remain as variables)

what does the y-intercept mean in terms of the graph? Select all that apply.

a. the x-value at a y-value of 0.
b. the y-value at an x-value of 0.
c. where the function crosses the y-axis
d. where the function the x-axis

Answers

Hello there!

Your answer would have to be C. where the function crosses the y-axis

Hope This Helps!

For a certain model of car the distance d required to stop the vehicle if it is traveling at v mi/h is given by the formula d = v + v2 20 where d is measured in feet. kerry wants her stopping distance not to exceed 75 ft. at what range of speeds (in mi/h) can she travel? (enter your answer using interval notation.) c

Answers

The range of speeds in miles per hour Kerry can travel is [tex]-50\ge v\le30[/tex] .

Given that, a certain model of car the distance d required to stop the vehicle if it is traveling at v mi/h is given by the formula [tex]d = v + \frac{v^2}{20}[/tex].

Here,

[tex]75=v+\frac{v^2}{20}[/tex]

[tex]75=\frac{(20v+v^2)}{20}[/tex]

[tex]v^2+20v=20\times75[/tex]

[tex]v^2+20v=1500[/tex]

[tex]v^2+20v-1500=0[/tex]

[tex](v+50)(v-30)=0[/tex]

[tex]v-30=0[/tex]

[tex]v=30[/tex]

First thing is to realize what 'not to exceed' means. More than 75 feet exceeds 75 feet, but exactly 75 feet or anything less does not. So you want to determine v such that [tex]d\le75[/tex].

[tex]d=v+\frac{v^2}{20}[/tex]

is the given model. This is a reasonably good model presuming you have a better than average reaction time, dry pavement, new tires, etc. Be that as it may, you need to determine v such that:

[tex]v+\frac{v^2}{20} \le75[/tex]

Multiply by 20, we get

[tex]20v+v^2\le1500[/tex]

Add -1500 to both sides

[tex]v^2+20v-1500\le0[/tex]

[tex](v+50)(v-30)\le0[/tex]

So, [tex]v\le-50[/tex] or [tex]v\le30[/tex]

Thus, the range is [tex]-50\ge v\le30[/tex]

Therefore, the range of speeds in miles per hour Kerry can travel is [tex]-50\ge v\le30[/tex] .

Learn more about the average speed here:

brainly.com/question/9834403.

#SPJ12

Kerry can travel at speeds in the range [tex]{(-\infty, 30]} mi/h[/tex].

To find the range of speeds Kerry can travel while ensuring her stopping distance doesn't exceed 75 feet, we need to solve the inequality [tex]v + \frac{v^2}{20} \leq 75[/tex], where v represents her speed in miles per hour.

First, we rearrange the inequality:

[tex]v^2 + 20v - 1500 \leq 0[/tex]

Next, we factor the quadratic equation:

[tex](v - 30)(v + 50) \leq 0[/tex]

This gives us two critical points: v = 30 and v = -50.

Since speed cannot be negative, we discard v = -50.

Now we test the intervals created by the critical point:

- For v < 30, the inequality holds.

- For v > 30, the inequality does not hold.

Look at the diagram. Which of the following is another name for < 1

A. < CBA
B. < ACB
C. < CAB
D. < BAC

Answers

another name for ∠1 is
A. CBA 

Answer: A. ∠CBA

Step-by-step explanation:

We need three points to write a name of an angle. One point on each ray with the vertex lies in the middle.

There are total three ways to write a name of an angle.

For example :- M and N are points on each ray of an angle with vertex O.

Then, the name of angle can be ∠O, ∠MON or ∠NOM.

From the given picture , it can be observe that A and C are points on each ray of ∠1 with vertex B.

Then, the possible name of ∠1 will be ∠B , ∠ABC or ∠CBA.

Since, ∠CBA in given in option A.

Thus OPTION A is the correct option.

△R′S′T′ is the image of △RST under a dilation through point C. RS=5 and R′S′=8 . What scale factor was used in the dilation?

Answers

Answer:

1.6

Step-by-step explanation:

To find the scale factor, we compare the image size to the pre-image size.

R'S' = 8 and RS = 5; this makes the scale factor 8/5, which is 1.6.

Dilation is a transformation that allows you to resize an object. Dilation is a technique for making items bigger or smaller. The scale factor that was used in the dilation is 1.6.

What is dilation?

Dilation is a transformation that allows you to resize an object. Dilation is a technique for making items bigger or smaller. This transformation yields a picture that is identical to the original shape. However, there is a size discrepancy in the form.

Scale factor = Dimension of the new shape/Dimension of the original shape

Given that △R′S′T′ is the image of △RST under a dilation through point C. Also, given that RS=5 and R′S′=8. Therefore, the scale factor that was used in the dilation is,

Scale factor = Dimension of the new shape/Dimension of the original shape

Scale factor = R′S′ / RS = 8/5

= 1.6

Hence, the scale factor that was used in the dilation is 1.6.

Learn more about Scale Factor:

https://brainly.com/question/22312172

#SPJ6

∠A and ​ ∠B ​ are vertical angles with m∠A=x and m∠B=3x−60 . What is m∠A ? Enter your answer in the box.

Answers

Did u find out the answer?

we know that

Vertical angles are congruent angles opposite each other where two lines cross

so

in this problem

m∠A=m∠B

so

substitute the values

[tex]x=3x-60\\3x-x=60\\2x=60\\x=60/2\\x=30\°[/tex]

therefore

the answer is

The measure of angle A is [tex]30\°[/tex]

One number is 5 more than another number. their sum is −15 . what are the numbers?

Answers

x=5+y
x+y=-15

subsitute 5+y for x

5+y+y=-15
5+2y=-15
minus 5 from both sides
2y=-20
divide both sides by 2
y=-10

sub back
x=5+y
x=5-10
x=-5

the numbers are -10 and -5

Which figures are polygons? Figure A has 6 sides all made of line segments. figure b is a regular hexagon. it has 6 sides made all of segments. Figure c is shaped iike a long semicircle. the bottom is a segment. The top part is curved. Figure D has 7 sides which are all segments.

Answers

A polygon is a closed figure made by joining line segments, where each line segment intersect exactry two other line segments.

A polygon is said to be a regular polygon if the sides are all of the same length.

Thus, the figures that are polygon are:

Figure A which has 6 sides all made of line segments.

Figure B which is a regular hexagon, having 6 sides made all of segments.

Figure D has 7 sides which are all segments.

Answer:

A,B,D

Step-by-step explanation:

i go to k-12 and the answer is correct

Barbie is thinking of s number. Twenty less than one third of the number is 72. Find barbies number

Answers

 if you do inverse operations you get s=285
It is 285 because I got that one correct

Find the circumference of a circle with a radius of 6. Leave your answer in terms of

Answers

Greetings and Happy Holidays!

The formula for the circunference of a circle is:
[tex]C=2 \pi r[/tex]

Input
the value for the radius.
[tex]C=2 \pi(6)[/tex]

Multiply.
[tex]C=12 \pi[/tex]

...or if you require a fully simplified answer:
[tex]C=37.699[/tex]

The Answer Is:
[tex] \left[\begin{array}{ccc}C=12 \pi \end{array}\right] [/tex]

I hope this helped!
-Benjamin

Miguel received a $50 gift card to the bookstore. he would like to buy 3 books that cost$ 15.75 each including tax. he estmates that he cannot bey all three book because each book cost about $20, and all three book would cost $60 .is his estimate resonable?explain your reasoning.

Answers

yes his answer is correct because if you round the answer to the nearest tenth it would make it a close answer to Miguel if you need this explained better let me know    
yes because 3×20=60 DAH!

Can someone Please help me? How did I get this question wrong? I chose the last option, but that's incorrect. Please answer asap. Most helpful answer gets brianliest!

The triangle JKL shown on the coordinate grid below is reflected once to map onto triangle J'K'L':
If vertex L' is at (−3, 4), what are the coordinates of vertex J'?

(1, −8)

(−8, 1)

(−1, 8)

(8, −1)

Answers

(-8,1) it being reflected to the other side so just move the points 
The coordinates of J are (8, 1), so J' is (-8, 1). 

The quotient of y and 3 is 25

Answers

This will become y/3=25.

The equation of a parabola is given.y=1/8x^2+4x+20 What are the coordinates of the focus of the parabola?

Answers

he equation of a parabola is x = -4(y-1)^2. What is the equation of the directrix? 
You may write the equation as 
(y-1)^2 = (1) (x+4) 
(y-k)^2 = 4p(x-h), where (h,k) is the vertex 
4p=1 
p=1/4 
k=1 
h=-4 

The directrix is a vertical line x= h-p 
x = -4-1/4 
x=-17/4 

------------------------------- 
What is the focal length of the parabola with equation y - 4 = 1/8x^2 
(x-0)^2 = 8(y-4) 
The vertex is (0,4) 
4p=8 
p=2 (focal length) -- distance between vertex and the focus 
------------------------------- 
(y-0)^2 = (4/3) (x-7) 
vertex = (7,0) 
4p=4/3 
p=1/3 
focus : (h+p,k) 
(7+1/3, 0)
Convert it to  vertex form we get 

y = 1/8(x + 16)^2 - 12     

so the vertex is at (-16,-12) and  the x coordinate of the focus will be -16)

The focus  will be at (-16, k + p)    Here k = -12 from the vertex equation and  p  = 1 / 4a  where a = 1/8    so p = 1 / 1/2 = 2  So k + p = -12 + 2 = -10

So the coordinates of the focus are (-16, -10) answer


Algebra expression ; Nine more than the product of 51 and the number T

Answers

51T + 9

hope it helps

Manda uses the recipe shown to make punch for a family party. amanda’s punch recipe 7 parts mixed fruit juice 2 parts lemonade how much lemonade will she need to make 180 fluid ounces of punch

Answers

7:2....added = 9

7/9(180) = 1260/9 = 140 fluid oz .....mixed fruit
2/9(180) = 360/9 = 40 fluid oz <== lemonade

Answer:

40 fluid ounces of lemonade.

Step-by-step explanation:

Amanda uses the recipe shown to make punch for a family party.

Amanda's punch recipe 7 parts mixed fruit juice 2 parts lemonade.

7 + 2 = 9  parts

She will need to make 180 fluid ounces of punch.

she will need lemonade = (180/9) × 2

                                        = 20 × 2

                                        = 40 fluid ounces lemonade

She will need fruit juice = (180/9) × 7

                                        = 20 × 7

                                        = 140 fluid ounces fruit juice.

Amanda will need 40 fluid ounces lemonade to make 180 fluid ounces of punch.

A total of 231 tickets were sold for the school play. They were either adult tickets or student tickets. The number of student tickets sold was two times the number of adult tickets sold. How many adult tickets were sold?

Answers

well if there are 231 tickets, then divide 231 by three, that will equal 77, so if you see what i am doing,i am diving all tickets by 3 so that the students get 2/3 and the adults get the pther 1/3. so the answer is 77. 

Final answer:

To determine the number of adult tickets sold for the school play, an equation was set up using algebra with x representing adult tickets, which turned out to be 77 after solving the equation x + 2x = 231.

Explanation:

The student has asked to find out how many adult tickets were sold when a total of 231 tickets were sold for a school play, with the number of student tickets being two times the number of adult tickets. To solve this, we can use algebraic methods and set up an equation.

Let x be the number of adult tickets sold, then the number of student tickets sold would be 2x. Given that the total number of tickets is 231, we can write the equation as:

x + 2x = 231

Simplifying, we get:

3x = 231

Dividing both sides by 3, we find that:

x = 77

Therefore, 77 adult tickets were sold.

An airplane descends at a rate of 300 feet for every 5000 horizontal feet that the plane travels. What is the slope of the path of descent?

Answers

Slope = rise/ run
slope = -300/5000
slope = -3/50

Hope this helped!

Answer:

slope=-3/50

Step-by-step explanation:

slope= y/x

y=-300

x=5000

substituting into the equation:

slope=-300/5000

m=(x+n)/(p)

An answer would be sweet!! God bless

Answers

The answer to your problem is:


x=-n+mp

The iq scores of the five members of the duluth family are 100, 82, 104, 96, and 118. for this distribution of scores, the range is:

Answers



The range is the difference between the biggest and smallest number.

Let R = range

R = 118 - 82

R = 36

The range is 36.

Final answer:

The range of the IQ scores (100, 82, 104, 96, and 118) for the Duluth family is calculated by subtracting the lowest score from the highest (118 - 82), resulting in a range of 36 points.

Explanation:

The IQ scores of the five members of the Duluth family are 100, 82, 104, 96, and 118. To find the range of this distribution of scores, you first identify the highest and lowest scores in the set. The highest IQ score is 118, and the lowest is 82. The range is the difference between the highest and lowest scores, so:

Range = Highest score - Lowest score

Range = 118 - 82

Range = 36

Therefore, the range of the distribution of IQ scores for the Duluth family is 36 points.

Please help me with this!!!

Answers

If y varies inversely as x, this means there is some value k such that:
[tex]y=\frac{k}{x}[/tex]

Using the given information, we can find k:
[tex]39=\frac{k}{3}[/tex]
[tex]39*3=k[/tex]

So then k=117. Now we just need to solve for y when x=11:
[tex]y=\frac{117}{11}[/tex]
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