For the answer to the question above asking what was the amount of the withdraw if <span>Doris put $4000 in a 2-year cd paying 6% interest, compounding monthly. after 2 years, she withdrew all her money?</span>
First year Interest: I(1) = 4000[(1.005)^12 - 1] = 246.71 = penalty for early withdrawal
Value after two years: P(2) = 4000(1.005)^24 = 4508.64
Value after 2 years with penalty: V = 4000(1.005^24 - 1.005^12 + 1) = $4261.93
Answer:
a
Step-by-step explanation:
Hi~!
Answer:
843
Step-by-step explanation:
We know that 58 is a even number, and so is 48,894. So we can check this by multiplying 843, which is th number I got when I divided it, and multiply that by 58, then we get 48,894.
I hope this helps!~ :)
<h3>
Answer: Choice A) D = 500/10</h3>
Explanation:
Density = Mass/Volume
D = M/V
D = 500/10
D = 50 grams per cubic cm
Your teacher should have written cm^3, cc, or cubic cm instead of just "cm" to represent the volume. The abbreviation "cc" stands for "cubic cm" which you may hear a lot in hospital settings when it comes to medicine dosages.
