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.
Answer: the answer is MO=5
Step-by-step explanation:
3 x 4 is equal to 12 I think that’s your answer
Hi there! You are provided with two points, this is all you need to calculate the line's slope.
The equation for slope is:


Slope: -2/4
Point slope form, or y-y1 = m(x - x1). All we have to do is take the x and y coordinates of either point, as well as the slope, and plug them into the equation.
y - 10 = -2/4(x - 3)
Write the equation in slope-intercept form (y=mx+b)

A) -2/4
B) y - 10 = -2/4(x - 3)
C) y = -2/4x + 11.5