The annual interest rater, when compounded more than once a year, results in a slightly higher yearly interest rate. this is called the annual for effective) yield and denoted as y. find the annual yield as a percentage, given the annual interest rate and the compounding frequency annual interest rate of 4.1%, compounded quarterly the effective annual yield is % (type an integer or a decimal rounded to the nearest thousandth as needed.)

The effective annual yield is 4.163%.

Step-by-step explanation:

Consider the provided information.

It is given that annual interest rate of 4.1%, compounded quarterly.

We will use n = 4.

It is also given that r = 4.1%

4.1% can be written as:

Now use the formula.

Now substitute the respective values in the above formula.

Hence, the effective annual yield is 4.163%.

step-by-step explanation:

what grade level is this? need to know so i can look in my old textbooks!

4 candies

step-by-step explanation:

7 x 28 = 196

200 - 196 = 4 candies remaining.