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icang [17]
3 years ago
12

Gianna has a two $3,000 one year CDs at different banks. Each compounds

Mathematics
1 answer:
sertanlavr [38]3 years ago
8 0

Answer:

Option D

Step-by-step explanation:

To calculate compound interest we will use the formula :

A=P(1+\frac{r}{n})^{nt}

Where,

A = Amount on maturity

P = Principal amount = $3000

r = rate of interest = 8.4% = 0.084

n = number of compounding period = Monthly = 12

t = time = 1 year

Now put the values in the formula.

A=3000(1+\frac{0.08}{12})^{(12)(1)}

   = 3000(1+0.007)^{12}

   = 3000(1.007)¹²

   = 3000 × 1.08731066

   = 3261.93198 ≈ $3261.93

While the other bank compounds interest daily.

Therefore, n = 365

Now put the values in the formula with n = 365

=3000(1+\frac{0.084}{365})^{(365)(1)}

=3000(1+0.00023014)^{365}

=3000(1.00023014)^{365}

= 3000 × 1.08761958

= 3262.85874 ≈ $3262.86

Difference in the ending balance = 3262.86 - 3261.93

                                                       = $0.93

The difference in the ending balances of both CDs after one year would be $0.93.

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Point C is located at (2,8). If it is reflected across the x axis, where will C be located?
salantis [7]

Answer:

(2, -8)

Step-by-step explanation:

The answer is (2, -8) because when you reflect a point across the x-axis, the x-coordinate always remains the same, but the y-coordinate will change. In other words, the y-coordinate becomes the opposite (signs change). In this case, since the y-coordinate was positive 8, when you reflect the point across the x-axis, the y-coordinate will change to -8

7 0
2 years ago
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enyata [817]

Answer:

See comment

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2 years ago
Make a table showing the probability distribution for the possible sums when tossing two four-sided dice (the sides are numbered
alexira [117]
We would have the following sample space:
(1, 1), (1, 2), (1, 3), (1, 4)
(2, 1), (2, 2), (2, 3), (2, 4)
(3, 1), (3, 2), (3, 3), (3, 4)
(4, 1), (4, 2), (4, 3), (4, 4)

Those give us these sums:
2, 3, 4, 5
3, 4, 5, 6
4, 5, 6, 7
5, 6, 7, 8

P(sum of 2) = 1/16 =0.0625
P(sum of 3) = 2/16 = 0.125
P(sum of 4) = 3/16 = 0.1875
P(sum of 5) = 4/16 = 0.25
P(sum of 6) = 3/16 = 0.1875
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8 0
3 years ago
Aaron has three slabs of beeswax. He plans to melt them and use all of the wax to form 36 candles. If all the candles are the sa
Anton [14]

Weight of slab of beeswax isn't given.

Assume slab of beeswax = 36 gram.

Answer:

3 gram

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Each slab of beeswax = 36 gram

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Number of same-sized candles to make = 36

The weight of each candle will be ;

Total weight of slabs / number of candles

108 g / 36

= 3 grams

8 0
3 years ago
Which equation represents a linear function?
quester [9]

Answer:

Step-by-step explanation:

y = 9 - X   is a linear function; x is to the first power.

y = x2 + 1   does NOT represent a linear function; it's a quadratic function.

o            

y=x² + 5    does NOT represent a linear function; it's a quadratic function.

D)

y = [xl - 9  does NOT represent a linear function; it's an absolute value function.  This function has two halves, each of which is a linear function.

But the best answer here is that y = 9 - X   is a linear function; x is to the first power.

3 0
3 years ago
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