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sasho [114]
4 years ago
10

Myron put $5000 in a 2-year CD playing 3% interest, compounded monthly. After 2 years, he withrew all his money. What was the am

ount of the withdrawal?
Mathematics
2 answers:
alexdok [17]4 years ago
6 0

Answer:

$5308.79

Step-by-step explanation:

a.p.e.x

olga nikolaevna [1]4 years ago
5 0

Answer:

  $5308.79

Step-by-step explanation:

The future value can be computed from ...

  FV = P(1 +r/n)^(nt)

where P is the principal invested, r is the annual interest rate, n is the number of times per year it is compounded, and t is the number of years.

Filling in the given numbers, we have ...

  FV = $5000(1 +.03/12)^(12·2) ≈ $5308.79

Myron's withdrawal will be in the amount of $5308.79.

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oksian1 [2.3K]

Answer:

well NPR. says that it can be a simple number or a infinity number by fornitegod

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3 years ago
A positive two-digit number is represented by 10t + u. The sum of the squares of the digits is 26. If the number is decreased by
eimsori [14]
"<span>The sum of the squares of the digits is 26"
</span>10t + u = 26  ---->(1)

<span>"If the number is decreased by the number with its digits reversed, the result is 36"
u - 10t =36 -----> (2)

By subtracting the equation we can find t.
</span>  u+10t = 26)<span>
-(u-10t=36)</span>
______________
0u  +20t = 26 -36
---> 20t = -10
t= -10/20
t= -1/2

Inserting value t in (1)
10t + u = 26 
10(-1/2) + u= 26
-5+u=26
u= 26+5 = 31
<span>
Using u and t in the original expression 10t+u express a positive number

10t+u
= 10(-1/2) +u
= -5 + 31
= 26
----> Proves this statement is true 
</span>"The sum of the squares of the digits is 26"
10t + u = 26 <span>
</span>
5 0
3 years ago
Can someone help with this please.<br><br>​
sergeinik [125]
Simplified
2/5x-5-1/3
2 x -5 - 1/3
5
​-10/5 - 1/3
-2 - 1/3
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4 0
3 years ago
Read 2 more answers
What is the correct answer. what is the focus point of a parabola with this equation? y=1/8(x^2-4x-12)
anastassius [24]

The answer is C. (2,-2) u just search it up online and there are million answers

5 0
4 years ago
Read 2 more answers
Maryam’s wallet contains a combination of $5 and $10 bills. What is the ratio of $5 bills to $10 bills? (1) The ratio of the num
azamat

Answer:

(1) The ratio of number of $5-bill to number of $10-bill is: 1/4;

(2) The ratio of number of the $5-bill to number of $10-bill is: x/ [(72-x)/2] in which x is the number of $5-bill and x must be either 0 or an even positive integral ( as their is insufficient information given, there can be many ratios that suit into the given information as long as the condition on x is met).

Step-by-step explanation:

(1) Denote x is the number of $5 bill and y is the number of $10 bill, in which x and y should be >= 0 and is an integral number.

We have (x+y) / (5x + 10y) = 1/9 <=> 9x + 9y = 5x + 10y <=> 4x = y <=> x/y =1/4 .

(2) Denote x is the number of $5 bill, y is the number of $10 bill.

We have: 5x + 10y = 360 <=> x = [ 360 - 10y ] /5 <=> x = 72 - 2y <=> y = (72 - x)/2 => x/y = x/[(72-x)/2] in which x must be must be either 0 or an even positive integral so that y can be identified in order to match with the given information .

7 0
4 years ago
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