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.
I think that the answer is D. Although, i am not totally sure.
I hope I've helped.
Answer:
Answer:
18 cups.
Step-by-step explanation:
We are given that Bernie spends $6.50 on ingredients and cups for his lemonade stand. He charges $1.50 for each cup of lemonade. Inequality that represents this situation: .
To find number of cups x to make a profit of at least $20 we will use our given inequality.
Therefore, in order to make a profit of at least $20 Bernie need to sell 18 cups of lemonade.
Answer:
Step-by-step explanation:
x=120°
if you look, the arrows on the lines mean they’re parallel.
so
Answer:
1. 19.375 inches
2. 8.808 km
Step-by-step explanation:
1. Diego's height - his brother's height
59.5 - 40.125
19.375 inches
Therefore, Diego is 19.375 inches taller than his brother.
2. distance needed to run - distance covered
10 - 1.192
8.808 km
Therefore the runner has to run 8.808 kilometres left to run to finish the race.