Q=x/5-4
let me know if you have any questions
The ratios are equivalent because you multiplied 18:4 by 2&3. And also you divided it by 2. I had the same homework!
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.
Actually, no they cannot. The midpoint is the single point at the very center of the line segment. Since no segment can have multiple centers, they cannot have more than a single midpoint. Sorry :3
Hope this helped!! :D
