What Is the APY for 6% Compounded Continuously

question 92

Multiple Choice

What is the APY for 6% compounded continuously?

• A) 6.00%
• B) 6.10%
• C) 6.18%
• D) 6.40%

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Definitions:

Crest

In anatomy, a crest refers to a prominent ridge or raised surface on the skeleton.

Foramen

An opening or hole in a bone or between body cavities that allows the passage of nerves or blood vessels.

Medullary Cavity

The central cavity of bone shafts where red bone marrow and/or yellow bone marrow (fat) is stored.

Bone-Forming Cells

Cells known as osteoblasts that are responsible for the synthesis and mineralization of bone during both initial bone formation and later bone remodeling.