[tex]\bf \qquad \qquad \textit{Annual Yield Formula}
\\\\
\qquad \qquad \left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 3.5\%\to \frac{3.5}{100}\to &0.035\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{daily, so in a year is 365}
\end{array}\to &365
\end{cases}
\\\\\\
\left(1+\frac{0.035}{365}\right)^{365}-1[/tex]
you'll get a decimal format, just multiply it times 100, to get the % format
