9514 1404 393
Answer:
$13,916.24
Step-by-step explanation:
First, we need to find the value of the CD at maturity.
A = P(1 +rt) . . . . simple interest rate r for t years
A = $2500(1 +0.085·3) = $2500×1.255 = $3137.50
__
Now, we can find the value of the account with compound interest.
A = P(1 +r)^t . . . . . rate r compounded annually for t years
A = $3137.50 × 1.18^9 = $13,916.24
The mutual fund was worth $13,916.24 after 9 years.
Answer:
The monthly percentage rate would be 1.6%
Step-by-step explanation:
Given,
Finance charge = $ 85.50,
Amount of bill in this month = $ 5,343.75,
Hence, the monthly rate of percentage




= 1.6 %
i.e. OPTION A would be correct.
<span> 0.000268 = 2.68 x 10^-4
........................................</span>
The answer to this question is D
30 pieces of blueberry and 30 pieces of strawberry, therefore 5 packs of blueberry and 6 packs of strawberry