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OpenStudy (anonymous):
Find the annual yield to the nearest tenth of one percent if the selling price is $1,040 and the annual interest is $120.
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OpenStudy (anonymous):
Do you have the formula?
OpenStudy (anonymous):
um.. Im sorry I don't.
OpenStudy (anonymous):
Hard to find the formula for it blah but maybe this is it http://www.informedinvestments.com/annualized-return-formula
OpenStudy (anonymous):
Thank you for trying. :)
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OpenStudy (anonymous):
Once you know the formula you can probably solve this very easily. If you have any problem with the math ask
OpenStudy (anonymous):
Thank you.:) i will have to look.
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