What is the effective annual yield of 6% compounded semi-annually? Answer in the percent format. Round to the nearest hundredth percent. Do not include any unity (If your answer is 4.36%, then enter 4.36 as your answer without % sign).

effective annual yield = 6.09

Explanation:

given data

rate r = 6%

compounded semi-annually

solution

we get here effective annual yield that is express as

effective annual yield = - 1   ..................1

here n is 2 for semi-annually

put here value and we get

effective annual yield = - 1

effective annual yield = 0.0609

effective annual yield = 6.09 %

effective annual yield = 6.09

answer: technology

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whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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