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
algol13
3 years ago
12

Charley wants to have $950,000 when he retires in a year. If he currently has $900,000 to put in a 1-year CD, which of these APR

s and compounding periods will allow him to reach his goal?
A. An APR of 5.44% compounded semiannually
B. An APR of 5.42% compounded monthly
C. An APR of 5.34% compounded daily
D. An APR of 5.43% compounded quarterly
Mathematics
1 answer:
almond37 [142]3 years ago
3 0
Charlie needs an effective rate of 950/900 -1 = 5.555%.

A) 1.0272^2 ⇒ 5.514% . . . . . . . . . . . . not enough

B) 1.0045166667^12 ⇒ 5.557% . . . . sufficient to reach the goal

C) 1.000146301^365 ⇒ 5.485% . . . . not enough

D) 1.013575^4 ⇒ 5.542% . . . . . . . . . .not enough
You might be interested in
RIGHT ANSWERS ONLY I REALLY NEED TO PASS IF YOUR FAST AND CORRECT ILL GIVE YOU BRAINEST!!!
malfutka [58]

Answer:

1st option

Step-by-step explanation:

The domain and range are all real numbers , that is

domain { x | x ∈ R }

range { y | y ∈ R }

6 0
3 years ago
17. The radius of a circular path is 7m. Find the cost of fencing the path if the cost per meter is Rs.35​
Elis [28]

The cost of fencing the path is Rs 1539.38.

It is required to find the cost of  fencing the path.

<h3>What is circle?</h3>

A circle is a closed two-dimensional figure in which the set of all the points in the plane is equidistant from a given point called “centre”. The perimeter around the circle is known as the circumference.

Given that:

radius of a circular path is 7m.

Rate = Rs .35​ per meter

We know that

Circumference of circle =2\pi r

                                  2*\pi *7\\\\=43.98 m

Circumference of circle=43.98 m

Now,

Cost = Circumference × Rate

Cost =43.98× 35

Cost =  Rs 1539.38

Therefore, the cost of fencing the path is Rs 1539.38.

Learn more about circle here:

brainly.com/question/11833983

#SPJ1

6 0
2 years ago
I need help with this please I appreciate it!
-BARSIC- [3]

Answer:

1. Ella can scale it up by 3 or by using the ratio 3:1, the smaller bed is exactly 1/3 of the bigger bed.

2A. No I am way taller than the 75".

2B. Ella can scale the bed up by 7:1 so that it can fit me.

Step-by-step explanation:

8 0
3 years ago
‼️ would really appreciate help‼️
Dafna1 [17]
What you need help with

8 0
4 years ago
Read 2 more answers
In the rhombus below, solve for x and y. (Round to the nearest tenth as needed.)
schepotkina [342]

The measure of angles x and y are 90 degrees and 59 degrees.

<h3>What is a rhombus?</h3>

A rhombus is a two-dimensional shape having four parallel opposite pairs of straight, equal sides. This shape resembles a diamond and is what you'd find on a deck of cards to represent the diamond suit. Rhombuses can be encountered in a variety of common situations.

We have shown the rhombus in the picture.

As we know the diagonals bisect at a 90-degree angle.

So angle x = 90 degree

To find the value of y:

31 + y + 90 = 180

y = 59 degrees

Thus, the measure of angles x and y are 90 degrees and 59 degrees.

Learn more about the rhombus here:

brainly.com/question/22825947

#SPJ1

3 0
2 years ago
Other questions:
  • What is the best approximation of 6% tax on a $102 purchase?
    5·2 answers
  • A cereal manufacturer has a tolerance of .75
    11·1 answer
  • Prove it :
    10·1 answer
  • Dennis wants to buy a card for his wife Dennis calculates the amount of the card has $4.50 the actual price of card is $4 what i
    8·1 answer
  • Is -(5/12) equal to 5/-12
    10·2 answers
  • The graph of y=f(x) is shown below. find all the values of x where f(x)=8
    6·2 answers
  • Find the value of x plz plz plz
    15·2 answers
  • BRAINLIEST FOR THE CORRECT AWNSER!! PLEASE PUT THE LETTER AWNSER AND EXPLAIN DO NOT LIE THANK YOU The owner of a bike shop sells
    9·1 answer
  • Need help with homework-math
    6·1 answer
  • (8х + 2)(7х^2 + 6x - 7)<br> Find the product
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!