G Calcunar Google Search New Tab courses/2438849/quizzes/8459601/take (n) Question 6 X Quiz: Practice Questions for Am x + 1 pts Barca opened up a compounded daily interest account that paid 3.01% annual interest. What is the total percent yield for this account after 8 years. Round your answer to the nearest tenth of a percent. Do not input the percent sign. Example: 15.2 The following is the % Yield function where: . r is the annual interest rate, ⚫ n is the number of compounding times per year ⚫t is the number of years n-t = (1 + 2)² - 1 % Yield = Q Search B - X W

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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G Calcunar Google Search
New Tab
courses/2438849/quizzes/8459601/take
(n)
Question 6
X
Quiz: Practice Questions for Am
x +
1 pts
Barca opened up a compounded daily interest account that paid 3.01% annual
interest.
What is the total percent yield for this account after 8 years.
Round your answer to the nearest tenth of a percent. Do not input the percent
sign. Example: 15.2
The following is the % Yield function where:
. r is the annual interest rate,
⚫ n is the number of compounding times per year
⚫t is the number of years
n-t
= (1 + 2)² - 1
% Yield =
Q Search
B
-
X
W
Transcribed Image Text:G Calcunar Google Search New Tab courses/2438849/quizzes/8459601/take (n) Question 6 X Quiz: Practice Questions for Am x + 1 pts Barca opened up a compounded daily interest account that paid 3.01% annual interest. What is the total percent yield for this account after 8 years. Round your answer to the nearest tenth of a percent. Do not input the percent sign. Example: 15.2 The following is the % Yield function where: . r is the annual interest rate, ⚫ n is the number of compounding times per year ⚫t is the number of years n-t = (1 + 2)² - 1 % Yield = Q Search B - X W
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