Bianca's bank offers a savings account with a 2.1% apr, compounded monthly. what is the actual annual percentage yield on this account?

a. 2.19%
b. 2.17%
c. 2.12%
d. 2.15%

Bianca's bank offers a savings account with a 2.1% APR, compounded monthly. The the actual annual percentage yield on this account can be calculated using i = (1+ r/m)^m, where i is the actual APR, r is the nominal interest rate and m the compounding period in a year. APR is equal to 2.12%

Answer would be 2.12% :)

b

step-by-step explanation:

the word superfluous means unnecessary

x + y = 90 5x – 10y = 90 90 – 10y = 5x 90 + 10y = 5x

step-by-step explanation:

last month maria hiked the 5-mile mountain trail a number of times and she hiked the 10-mile canal trail several times. let x represent the number of times she hiked the 5-mile trail, and let y represent the number of times she hiked the 10-mile trail. if she hiked a total of 90 miles, which equation can be used to find the number of times maria hiked each trail? x + y = 90 5x – 10y = 90 90 – 10y = 5x 90 + 10y = 5x