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dmitriy555 [2]
3 years ago
10

Savanna Smiles invested $5,000 for one year in a CD that earns interest at a rate of 3.5% compounded monthly. What is the intere

st earned during the year? (Hint: Use the appropriate formulas and round at the end.)

Mathematics
1 answer:
weeeeeb [17]3 years ago
5 0
We are asked to solve for the interest during the year given that it is compounded monthly, we are given with the formula A = P(1+r)^n. The solution is shown below:
A = P (1+r)^n
A = $5,000 (1+ 3.5/12)^(12*1)
A = $5,000 (1.000292)^12
A = $5,177.84

 
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The rectangle below has an area of 70y^8+30y^6.The width of the rectangle is equal to the greatest common monomial factor of 70y
swat32

Answer:

Width 10y^6 units

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Step-by-step explanation:

The rectangle has an area of 70y^8+30y^6.

The width of the rectangle is equal to the greatest common monomial factor of 70y^8 and 30y^6. Find this monomial factor:

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The area of the rectangle is the product of its width by its length, then the length of the rectangle is 7y^2+3 units.

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A box contains 8 red balls, 5 brown balls, 4 purple balls, and 3 green balls. What is the probability that a purple ball will be
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