chastyanderson8 chastyanderson8

15-03-2022
Mathematics

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An investment pays 6% interest compounded weekly. What percent, as a decimal, is the effective annual yield?

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romangraves791 romangraves791

15-03-2022

Answer:

Is it .06

I just learned that when you have a percent and you want it to be a decimal, always move % 2 places to the left .

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