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3 years ago

C. Assume someone has an average balance account with a bank that costs $35 a month but earns

Mathematics

1 answer:

Elodia [21]3 years ago

8 0

Answer:

The total interest earned after subtracting the monthly $35

service fee = $975 - $35 = $940

Step-by-step explanation:

Bank fee cost per month = $35

Interest rate per month = 1%

The total amount in the account until the 15th = $100,000

The total amount in the account from the 15th to the 30th = $95,000

Interest Earned?

Interest earned for first 15 days:

= $100,000 times 1%/2

= $100,000 times 0.001/2

= $500

Interest earned from 15th to the 30th:

= $95,000 times 1%/2

= $95,000 times 0.001/2

= $475

Interest earned for first 15 days + Interest earned from 15th

to the 30th = $500 + $475 = $975

So, the total interest earned after subtracting the monthly $35

service fee = $975 - $35 = $940

Keywords: interest, interest rate

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3 years ago

Pick the expression that matches this description:

Katen [24]

Option C is correct because it is a trinomial with a leading coefficient of 3 and a constant term of -5

Step-by-step explanation:

We need to pick the expression that matches this description:

A trinomial with a leading coefficient of 3 and a constant term of -5

First lets explain the terms:

Trinomial: a polynomial having 3 terms

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Constant term: Having no variable and value cannot be changed.

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Answer:

Step-by-step explanation:

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