What is the annual percentage yield (or effective annual rate) for a nominal rate of 8.7% compounded quarterly? Round your answer to two decimal places.
A. 8.70%
B. 9.06%
C. 9.09%
D. 8.99%
E. 8.89%
Answer: D
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Find the probability of the event.If a single die is rolled, find the probability of the following event.A number less than 2?
A.
B.
C.
D.
Solve.The population of a small town in 1988 was 11,000 people. Due to decline in industrial growth the population has since been decreasing at a rate of 4% every year. What was the population of this town in 1998?
A. 5925 people B. 6586 people C. 7313 people D. 8112 people
Graph the function.f(x) = log1/4(x + 2)
A.
B.
C.
D.
If possible, solve each system by an algebraic method (substitution or addition method). Otherwise, state that the problem has no solution or an infinite number of solutions.5x + 2y = -133x + y = -
A. (-2, 0) B. (3, 0) C. (-3, 1) D. (1, -3)