Check my answers?
1 answer:
You have one of your answers correct; the x-coordinate of the solution is indeed 3, but the second one is wrong. As you can see in the figure the solution of the system of equation is the ordered pair (3,4); therefore the other correct answer is: <span>The ordered pair that is the solution to the system lies in Quadrant I.</span>
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Answer:
The money she will end up earning in interest on the cd = $11,352.90
Step-by-step explanation:
The formula for getting the accumulated amount(compounded) is;
Where
A = Accumulated amount
P = principle (deposit)
r = interest rate and
n = no of times interest applied per time period.
The interest is compounded quarterly so in one year it will be 4 times
In 5 years
n = (5×4)-3 = 17 (as she will withdraw 3 month before the completion of five years)
A = ^17
= 7100( 1 + 0.028)^17
= 7100(1.028)^17
= 7100 * 1.599
= 11,352.90
Therefore the money she will end up earning in interest on the cd = $11,352.90