12.2 Annual Percentage Yield
Presentation
•
Mathematics
•
12th Grade
•
Practice Problem
•
Hard
Standards-aligned
Marcie Borchard
Used 10+ times
FREE Resource
6 Slides • 12 Questions
1
2
3
You should have. :)
4
What is r?
What is n?
What is your APY?
5
r = 5%
n = 4
APY = 5.1% or 5.09% depending how far you take it out.
If you are comparing you might need to take it out further to see a difference.
6
7
Multiple Choice
Question 5) What is the APY?
1.5%
3.5%
4.3%
2.5%
8
Multiple Choice
Question 6) What is the APY?
1.5%
3.5%
4.3%
2.5%
9
Multiple Choice
Question 7) What is the APY?
1.5%
3.5%
4.3%
2.5%
10
Multiple Choice
Question 8) What is the APY?
1.5%
3.5%
4.3%
2.5%
11
Fill in the Blanks
Question 9) What is the annual percentage yield to the nearest hundredth of a percent? (2 places past the decimal? Include the percent sign!
12
Fill in the Blanks
Question 10) What is the annual percentage yield to the nearest thousandth of a percent? (3 places past the decimal? Include the percent sign!
13
Multiple Select
Question 11) Which is the better option? Why?
4% daily
4% monthly
Because the APY is 4.08%
Because the APY is 4.07%
14
Multiple Select
Question 12) Which is the better option? Why?
3.75% monthly
3.5% daily
Because the APY is 3.8%
Because the APY is 3.6%
15
Multiple Select
Question 13) What is the annual percentage yield for each? Choose both correct answers.
6.183%
6.168%
5.127%
5.378%
16
Multiple Select
Question 13) What is the interest earned for each? Choose both correct answers.
$6,183.13
106,183.13
$27,122.41
$6,167.78
17
Multiple Select
Question 14) What is the annual percentage yield for each? Choose both correct answers.
6.183%
6.168%
5.127%
5.378%
18
Multiple Select
Question 14) How much interest is earned at maturity for each? Choose both correct answers.
$769.01
$15,769.01
$4,662.26
$1,075.64
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