Christina stratton invested $8,000 in a certificate of deposit for 4 years. the certificate earns interest at an annual rate of 6.00 percent compounded quarterly. the amount per $1.00 is 1.061831. what is the effective annual yield ? show work.

6.13%

Step-by-step explanation:

We are given an investment of $8000 deposited for 4 years. We have to find the effective annual yield for which we will need the interest rate and the compounding period.

Annual interest rate compunded quarterly, r = 6% = 0.06

Compounding period is quarterly, n = 4

Annual EffectiveYield =  

= 0.0613

The annual effective yield is 6.13%

1/4 and 8/3 because:

the reciprocal if 4 is 1/4 because 4 is used as 4/1 and the opposite of that is 1/4. the opposite of 3/8 is 8/3 so that is the answer.

x > 1.3

step by step:

8.5−0.9x> 9.8−1.9x

step 1: simplify both sides of the inequality.

−0.9x+8.5> −1.9x+9.8

step 2: add 1.9x to both sides.

−0.9x+8.5+1.9x> −1.9x+9.8+1.9x

1x+8.5> 9.8

step 3: subtract 8.5 from both sides.

1x+8.5−8.5> 9.8−8.5

1x> 1.3

step 4: divide both sides by 1.

1x/1 > 1.3/1