1. A CD in the financial sense is

Mathematics

1 answer:

PtichkaEL [24]3 years ago

7 0

Answer:

1. a certificate of deposit

2. multiply the principal by the interest rate and time

Step-by-step explanation:

1. A CD is a savings vehicle called a "Certificate of Deposit." It generally specifies a certain rate of interest for a given period of time. It usually carries an interest penalty for early withdrawal.

2. The interest on a CD is calculated the way it is calculated for any other investment. The amount of interest in a given time is the product of the principal, the interest rate, and the time period. Interest on a CD with a period of more than 1 year is generally compounded. (The compounding interval will be part of the terms of the CD agreement.)

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72.678 round to nearest whole number

sergey [27]

Answer:

The answer is 73

Step-by-step explanation:

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3 years ago

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Johny Deposited 50000 rupees, Jaleel 40000 and Jaleel 20000 rupees to start a business together.They got 3300 rupees as a profit

Andrews [41]

Step-by-step explanation:

Step one:

Johny Deposited 50000 rupees,

Jaleel 40000 and

Jaleel 20000 rupees

total deposits = 110,000

They got 3300 rupees as a profit in a month

Johny's investment in percent

50000/110000= 0.45%

Jaleel's investment in percent

40000/110000= 0.36%

Jaleel's(2) investment in percent

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They will get

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Jaleel= 0.36*3300= 1188 rupees

Jaleel(2)= 0.18*3300=594 rupees

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3 years ago

Find the ratio of length to breadth of the rectangle with length 80cm & breadth 32cm.

gtnhenbr [62]

The length of the rectangle equals 80 cm, and the width equals 32 cm.

Divide the length to the width, we get the ratio between them :

80 : 32

Now, we simplify by dividing them both by the same number, in this case it's 16

=> 80 : 32 = (80 : 16) : (32 : 16) = 5:2

So, the ratio between the length and the width is 5:2