[tex]\bf \qquad \qquad \textit{Annual Yield Formula}
\\\\
\qquad \qquad \left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 6.2\%\to \frac{6.2}{100}\to &0.062\\
n=
\begin{array}{llll}
\textit{times it compounds per year}
\end{array}\to &365
\end{cases}
\\\\\\
\left(1+\frac{0.062}{365}\right)^{365}-1[/tex]
it'll give you a decimal, just multiply 100 times it, to get the % format
