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
Rama09 [41]
2 years ago
7

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

Mathematics
1 answer:
Elodia [21]2 years ago
8 0

Answer:

<em>The total interest earned after subtracting the monthly $35 </em>

<em>service fee = $975 - $35 = $940</em>

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?

<em>Interest earned for first 15 days:</em>

                               = $100,000 times 1%/2

                               = $100,000 times 0.001/2

                               = $500

<em>Interest earned from 15th to the 30th:</em>

<em>                                  </em>= $95,000 times 1%/2

                                 = $95,000 times 0.001/2

                                 = $475

Interest earned for <em>first 15 days + Interest earned from 15th </em>

<em>to the 30th =  </em>$500 + $475 = $975

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

service fee = $975 - $35 = $940

<em>Keywords: interest, interest rate</em>

<em>Learn more about interest calculation from brainly.com/question/3256069</em>

<em>#learnwithBrainly</em>

You might be interested in
A group of freshmen at a local university consider joining the equestrian team. Thirty‑five percent of students choose Western r
lesantik [10]

Answer:

a) Option D) 0.75

b) Option D) 0.3

Step-by-step explanation:

We are given the following in the question:

Percentage of students who choose Western riding = 35%

P(w) = 0.35

Percentage of students who choose dressage= 45%

P(d) = 0.45

Percentage of students who choose jumping = 50%

P(j) = 0.50

Percentage of students who choose both dressage and jumping = 20%

P(d \cap j) = 0.20

Percentage of students who choose Western and dressage = 10%

P(w \cap d) = 0.10

Percentage of students who choose Western and jumping = 0%

P(w \cap j) = 0

Thus, we can say

P(w \cap j \cap d) = 0

Formula:

P(A \cup B) = P(A) + P(B) - P(A \cap B)

a) P(student chooses dressage or jumping)

P(d \cup j) = P(d) + P(j) -p(d \cap j)\\= 0.45 + 0.50-0.20 = 0.75

b) P(student chooses neither dressage nor Western riding)

= 1 - P(d \cup w)\\= 1 - (P(d) + P(w) - P(d \cap w))\\= 1 - (0.45 + 0.35 - 0.10)= 0.3

5 0
3 years ago
Juan graphed a line with a slope of −23 .
Licemer1 [7]

Answer:

The answer is: From any point on the graph, he counts down 2 then right 3 to end up on the line again.

Step-by-step explanation:

3 0
2 years ago
Read 2 more answers
Find the area of the triangle. <br><br> Area= <br> (Simplify your answer)
gladu [14]

Answer:

38.9?? or 40??

Step-by-step explanation:

you  put the base and the height together then multiply it by 2

3 0
3 years ago
PLEASE HELP WITH 7&amp;8
lbvjy [14]
I wrote my answer in the picture

5 0
3 years ago
Given parallelogram PARK.
Tanya [424]

Answer:

a

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • I need to know what is the circumference
    12·2 answers
  • A hamster wheel has a diameter of 8.5 in. How many inches does the hamster run in one revolution? Use 3.14 to approximate for π
    8·2 answers
  • The cost of a bag of chips in a vending machine is $0.85. The cost of a Gatorade in the same machine is $1.50. Kennedy spent $23
    7·2 answers
  • Professor smith conducted a class exercise in which students ran a computer program to generate random samples from a population
    11·1 answer
  • Kate gets a paycheck twice a month. Every
    8·2 answers
  • Please help ASAP hope you can help me
    14·1 answer
  • ASAP! GIVING BRAINLIEST! Please read the question THEN answer correctly! No guessing. Show your work or give an explaination.
    9·1 answer
  • A container of soup is in the shape of a right circular cylinder. The container and its dimensions are shown below. What is the
    6·1 answer
  • Y=¼ x + 2.5<br> y=⅕ x + 3<br> solve using substitution or elimination
    9·2 answers
  • What are the characteristics of a pie chart?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!