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
ss7ja [257]
4 years ago
6

Blanche bought a 5-year cd for $7100 with an apr of 2.8%, compounded quarterly, but she wants to take all her money out 9 months

early. the early redemption fee for the cd is 3 months' interest on the original principal. help blanche determine how much money she will end up earning in interest on the cd. (5 points: part i – 1 point; part ii – 1 point; part iii – 1 point; part iv – 1 point; part v – 1 point)
Mathematics
1 answer:
katrin2010 [14]4 years ago
4 0
The formula for getting the accumulated amount(compounded) is;
A =P(1+r%)∧n
Where A = Acumulated amount 
            P = principle (deposit)
            r = interest rate and
            n = period
Since the interst is compounded quartly, 
period = (5×4)-3 = 17

A = 7100(1+2.8/100)∧17
   = 7100×1.028∧17
   = 11,353.80

The money she will end up earning in interest on the cd = $11,353.80
You might be interested in
9+2×42+6-2<br><br>Please show the work​
timofeeve [1]

Answer:

The answer is 97

Step-by-step explanation:

According to PEMDAS, we will solve the multiplication first. 2 × 42 is 84. Next, we will add or subtract from left to right. 9 + 84 + 6 – 2 is 97, the answer to our problem.

8 0
2 years ago
Read 2 more answers
A family has two cars. the first car has a fuel efficiency of 40 miles per gallon of gas and the second has a fuel efficiency of
Aliun [14]
Let x and y represent the numbers of gallons used by the 40 mpg and 35 mpg cars, respectively.
.. x +y = 40 . . . . . . . . . . .total consumption is 40 gallons
.. 40x +35y = 1525 . . . . total miles driven = 1525

Multiply the first equation by 40 and subtract the second.
.. 40(x +y) -(40x +35y) = 40(40) -(1525)
.. 5y = 75
.. y = 15
.. x = 40 -15 = 25

The 40 mpg car consumed 25 gallons.
The 35 mpg car consumed 15 gallons.
7 0
3 years ago
Find the greatest common factor.<br> 6z^3 , 8z
harina [27]

Answer:

The answer is below.

Step-by-step explanation:

The GCF is 2z because it is the biggest number that can be factored out of both numbers. Also, since the 8z has no exponent, the GCF of 2z doesn't need one either.

If this answer is correct, please make me Brainliest!

4 0
4 years ago
John ran 1 2/5 miles in 1/3 hour. How many miles can John run in 1 hour
sasho [114]

Answer:

5 miles per hour

Step-by-step explanation:

15/3=5

4 0
3 years ago
What is the probability that a data value in a normal distribution is between a z-score of -1.32 and a z-score of -0.34 Round yo
Galina-37 [17]

We are asked to find the probability that a data value in a normal distribution is between a z-score of -1.32 and a z-score of -0.34.

The probability of a data score between two z-scores is given by formula P(a.

Using above formula, we will get:

P(-1.32

Now we will use normal distribution table to find probability corresponding to both z-scores as:

P(-1.32

P(-1.32

Now we will convert 0.27351 into percentage as:

0.27351\times 100\%=27.351\%

Upon rounding to nearest tenth of percent, we will get:

27.351\%\approx 27.4\%

Therefore, our required probability is 27.4% and option C is the correct choice.

5 0
3 years ago
Other questions:
  • How are pyramids and cones different than prisms and cylinders?
    14·2 answers
  • What is (2,1) and (8,9) slope?
    14·2 answers
  • Select the equation of the line that passes through the point (-2,3) and is perpendicular to the line on the graph. (There is a
    5·1 answer
  • And these..............
    7·1 answer
  • What is the measure of one interior angle in a regular hexagon?
    13·2 answers
  • A screwdriver is 20 centimeters long, and a piece of wire is 10 millimeters long. The screwdriver is how many times as long as t
    14·2 answers
  • a bicycle is on sale for 20% off the original price.if the original price of the bicycle is $240, what is the sale price?
    7·1 answer
  • P - 20 = -30 what is p
    10·2 answers
  • What is 14x-5<br> What is 22x+5
    13·1 answer
  • Pls answer fast❗️❗️❗️
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!