1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alenkasestr [34]
3 years ago
15

Suppose you buy a CD for $300 that earns 3% 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withdrawn before the CD matures, the early withdrawal fee is 3 months' interest. What is the early withdrawal fee on this account?
A. $2.25
B. $6.00
C. $3.75
D. $1.25
Mathematics
1 answer:
klio [65]3 years ago
4 0
Value of the CD after 3 months is given by 300(1 + 0.03 / 4) = 300(1 + 0.0075) = 300 x 1.0075 = $302.25.
Therefore, interest for 3 months = $302.25 - $300 = $2.25
You might be interested in
Jason purchased a pack of game cards that was on sale for 13% off. The sales tax in his county is 8%. Let y represent the origin
belka [17]

Answer:b

Step-by-step explanation:

7 0
3 years ago
a basket contains 3 apples, 4 oranges, and 5 mangos. Without looking you select a fruit at random, replace it, and select a diff
FinnZ [79.3K]

Answer:

5/48

Step-by-step explanation:

probabilty= 5/12 * 3/12

8 0
3 years ago
You take a 200 milligram dosage of aspirin. During each subsequent hour, the amount of medication in your bloodstream decreases
shepuryov [24]

Answer: The level of aspirin (mg) will be in your bloodstream in 4 hours = 35.70 mg.

Step-by-step explanation:

If the amount is decreasing by r%, then the final amount is given by :-

A=P(1-r)^t

, where P = initial value , t= time

Given: P= 200 milligram, r= 35% = 0.35, t= 4 hours

The level of aspirin (mg) will be in your bloodstream in 4 hours = 200(1-0.35)^4

=200(0.65)^4\\\\=200\times 0.17850625\\\\=35.70125\approx35.70 \ mg

Hence, the level of aspirin (mg) will be in your bloodstream in 4 hours = 35.70 mg.

5 0
2 years ago
Can somebody help me please
inna [77]

Answer:

104 degrees because 7 and 8 are congruent meaning 8 is also 104

Step-by-step explanation:

6 0
3 years ago
Two companies working together can clear a parcel of land in 7 hours. working alone, it would take company a 4 hours longer to c
I am Lyosha [343]
The answer is B b/c i did the math
3 0
3 years ago
Other questions:
  • The diameter of Mercury is approximately 4.9×103 kilometers. The diameter of Earth is approximately 1.3×104 kilometers. About ho
    11·1 answer
  • The value of a term is 2 more than 7 times its term number! What is the answer? Please explain
    7·2 answers
  • Please help I’ll mark you as brainliest if correct!
    14·2 answers
  • I need help with this equation! Carbon-14 has a half-life of 5730 years. Derek has a sample of a fossil that has 33mg of its ori
    8·1 answer
  • What transformations are applied to the graph of the function f(x) = 10^x to produce the graph of the function g(x) = 3(10)^x -
    11·2 answers
  • If co\/id wasn't a thing what would you be doing right now???
    15·2 answers
  • 8x^2+1/9
    11·1 answer
  • The movies ticket cost $24 per person. Anna and her sister both go to the movies. There is a long line to get into the theatre.
    14·1 answer
  • Can someone please do this maze for me and show work?! Dm me and help me plsss
    13·1 answer
  • O. The number of for attending football match this week was 12% more more than last week. if 728 people attended this week's mat
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!