Answer:
1. a certificate of deposit
2. multiply the principal by the interest rate and time
Step-by-step explanation:
1. A CD is a savings vehicle called a "Certificate of Deposit." It generally specifies a certain rate of interest for a given period of time. It usually carries an interest penalty for early withdrawal.
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2. The interest on a CD is calculated the way it is calculated for any other investment. The amount of interest in a given time is the product of the principal, the interest rate, and the time period. Interest on a CD with a period of more than 1 year is generally compounded. (The compounding interval will be part of the terms of the CD agreement.)
Answer:
-5
Step-by-step explanation:
Answer:
7/20
Step-by-step explanation:
12/20+ -5/20
Answer:
The number of students who attend music club only is 13.
Step-by-step explanation:
The three different types of clubs are:
<em>D</em> = drama club
<em>M</em> = music club
<em>S</em> = sports club
The information provided is:
n (M) = 39
n (D) = 35
n (Exactly 2 clubs) = 26
Consider the Venn diagram attached.
From the Venn diagram it is clear that 13 students attended the Music club only.
Thus, the number of students who attend music club only is 13.