[tex]\bf \qquad \qquad \textit{Annual Yield Formula}
\\\\
\qquad \qquad \left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 12\%\to \frac{12}{100}\to &0.012\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{quarterly, meaning 4}
\end{array}\to &4
\end{cases}[/tex]
