Suppose a savings and loan pays a nominal rate of 1.5% on savings deposit. Find the effective annual yield of interest is compounded quarterly.

answer: no idea

step-by-step explanation: i just want points

38.5

step-by-step explanation:

lets say, first number = r

second number = 3r+7

total = 49

(r)+(3r+7)= 49

4r+7 = 49

4r = 42

r = 42/4

r= 10.5

3r+7 = 3(10.5)+7 = 38.5

hope this

hope it

step-by-step explanation:

x^(1/6) · x^(1/6) · x^(1/6)   ·x^(1/6) = x^(4/6)   since we add the exponents

4/6 can be simplified to 2/3

the simplified form is x^(2/3)