The early withdrawal fee on this account is $6.25
Step-by-step explanation:
Suppose you buy a CD for $1000
- It earns 2.5% APR and is compounded quarterly
- The CD matures in 5 years
- Assume that if funds are withdrawn before the CD matures, the early withdrawal fee is 3 months' interest
We need to find the early withdrawal fee on this account
∵ The annual interest is 2.5%
- Change it to decimal
∵ 2.5% = 2.5 ÷ 100 = 0.025
∴ The annual interest rate is 0.025
∵ The interest is compounded quarterly
∴ The interest rate per quarter = 0.025 ÷ 4 = 0.00625
∵ The early withdrawal fee is 3 months' interest
∵ You buy the CD for $1000
∵ A quarter year = 3 months
∴ The early withdrawal fee = 1000 × 0.00625 = $6.25
The early withdrawal fee on this account is $6.25
Learn more:
You can learn more about the interest in brainly.com/question/11149751
#LearnwithBrainly
Answer:
65.36
Step-by-step explanation:
15.2 x 4.3 = 65.36
Answer:
Step-by-step explanation:
Volume of cylinder can be calculated by using the formula V= pir^2h
Where r is radius of cylinder and h is the height.
A cylinder with radius 1 inch and height of 9 inch is given.
r=1,h=1,π=3.14.
Substituting the given values :
V=πr2h=π·12·9≈28.27433
Volume of cylinder rounded to nearest tenth is 28.27 cubic inches .
The technique of matrix isolation involves condensing the substance to be studied with a large excess of inert gas (usually argon or nitrogen) at low temperature to form a rigid solid (the matrix). The early development of matrix isolation spectroscopy was directed primarily to the study of unstable molecules and free radicals. The ability to stabilise reactive species by trapping them in a rigid cage, thus inhibiting intermolecular interaction, is an important feature of matrix isolation. The low temperatures (typically 4-20K) also prevent the occurrence of any process with an activation energy of more than a few kJ mol-1. Apart from the stabilisation of reactive species, matrix isolation affords a number of advantages over more conventional spectroscopic techniques. The isolation of monomelic solute molecules in an inert environment reduces intermolecular interactions, resulting in a sharpening of the solute absorption compared with other condensed phases. The effect is, of course, particularly dramatic for substances that engage in hydrogen bonding. Although the technique was developed to inhibit intermolecular interactions, it has also proved of great value in studying these interactions in molecular complexes formed in matrices at higher concentrations than those required for true isolation.
60% is 0.60 so you do 0.60 x 29 which = to 17.4
so your answer is 17.40 or 17.4 is 60% of 29
