Answers:
- interest = $75
- balance at maturity = $3075
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Explanation:
The simple interest formula is
i = p*r*t
where in this case,
- p = 3000 = principal (amount deposited)
- r = 0.10 = annual interest rate in decimal form
- t = 3/12 = 0.25 = number of years
So,
i = p*r*t
i = 3000*0.10*0.25
i = 75 is the amount of interest earned
This adds onto the initial deposit to get the final balance when the CD matures (ie when you're able to withdraw the money without penalties)
The balance at maturity is p+i = 3000+75 = 3075 dollars
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In short, you deposit $3000 into the CD and have to wait 3 months for the amount to update to $3075.
Answer:
Yes and she would have $2 left over because all the food costs $91.
Step-by-step explanation:
We should set up an equation so that everything makes sense. A calculator would be wise for this problem, but I am going to lay it out anyhow.
We should convert the mixed numbers to improper fractions to not be confused. 3 1/2 becomes 7/2 or 3.5 and 2 1/3 becomes 7/3.
From your wording, we can assume that the money Mrs. Donnelly has is either greater than or equal to $93.
Thus, we have 12*(7/3) + 18*(7/3) is equal to or greater than 93 (this is an inequality).
The math shows that the food costed 91 and so she only has $2 left.
Answer:
19.63%
Step-by-step explanation:
The probability of scoring 8 points is the probability of getting a dart into the green circle.
That probability is equivalent to the area of the circle divided by the total area of the square board.
The area of the circle according to 
, is 
cm squared
The area of the whole square board is one side squared: 20 squared = 400 cm squared
The probability is therefore equal to 
%
Answer:
C
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
y = 4x - 6 ← is in slope- intercept form
with y- intercept c = - 6 ⇒ (0, - 6 )
60 12×5 is 60 all you really need to look at is the 12
