Marit Brunsell deposited $80,000 at Bank of America at 12% interest compounded quarterly. What is the effective rate (APY)? (Do not round intermediate calculations. Round your answer to the nearest hundredth percent.)

12.55%

Explanation:

APY = - 1

Where;

r = 12% = 0.12

n = 4, As the rate is compounded quarterly so n will be 4 per year.

APY =

APY =

APY =

APY = 1.12550881 - 1

APY = 0.12550881

or

APY = 12.55%

there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants

answer (b); /// a method of measuring the opinions of a large group of people by selecting a subset of the larger group, asking them a set of questions and then generalizing those responses;