If the apr of a saving account is 4.8% and interest is compounded monthly what is the approximately apy of the account?

APY = (1 + i/n)^n - 1

where i is the interest rate (4.8%) written as 0.048

n is the number of periods it is paid (12)

So we get (1 + 0.048/12)^12 - 1

= (1 + 0.004)^12 -1

= (1.004^12) - 1

= 1.04907 - 1

= 0.04907

So the answer is B. 4.91%

18

step-by-step explanation:

draw the shape and you will see that f and k are actually at adjacent vertices (points of the hexagon that are neighboring).   so find the distance between (1,2) and (4,2).   that is easy since (1,2) and (4,2) is just a vertical distance to count, which is 3.   it is a regular polygon which means all sides are congruent.   you have 6 sides (hexa) so multiply 6 by 3 to receive 18.

14 ft 7 inches

step-by-step explanation:

since each model inch corresponds to 25 real inches, 7 model inches will correspond to

7×25" = 175"

at 12" per foot, that is 14 feet, 7 inches.