chavezmaribelle01 chavezmaribelle01

22-10-2022
Mathematics

Answered

A bank features a savings account that has an annual percentage rate of 4.8 % with interest compounded monthly. Umbrosia deposits $6,500 into the account.
How much money will Umbrosia have in the account in 1 year?
What is the annual percentage yield (APY) for the savings account?

Answer :

Other Questions

The semi annual compound interest of a sum of money in 1 year and 2years are Rs400 and Rs441 respectively.Find the annual compound interest for 2years

03 The amount spent per month by employees for parking at a municipal lot is normally distributed with a mean of $420 and a stam deviation of $65. (Round the fi

In one year, the CPI increased from 106.3 to 108.9. How much money was required at the end of the year in order to have the same purchasing power as $1,000 at t

Suppose that a household's monthly water bill (in dollars) is a linear function of the amount of water the household uses (in hundreds of cubic feet, HCF). When

Hurry Will give 75 points (Score for Question 3: of 4 points) 3. The equation y = 14x describes the amount of money Louis earns, where x is the number of hours

Not everyone pays the same price for the same model of a car. The figure illustrates a normal distribution for the prices paid for a particular model of a new c

The Lyon Restaurant Survey provides food, decor, and service ratings for some of the top restaurants across the United States. For 186 restaurants located in Bo

A Westway Company pays Suzie Chan a weekly pay of: Social Security tax on salary up to $142,800: Medicare tax: The state unemployment rate (SUTA): FUTA rate: Re

The cost of mailing a package is proportional to the weight of the package. The proportional relationship can be represented with the equation c = 0.4w, where c

Multiply the expressions. -0.6y(4.5 - 2.8y) =answer 1-2.86-2.71.683.9--------- y² +answer 2-2.86-2.71.683.9