Ask question

Ask question

All categories

3 years ago

7

Which of these is a characteristic of certificates of deposit (CDs)?

1 answer:

bazaltina [42]3 years ago

6 0

Answer:

The certificates of deposit last for a set period of time. A certificate of deposit (CD) is a special type of savings account, offered by banks and credit unions. In general, the investor must keep the funds on the CD for a specific period of time to avoid penalties.

You might be interested in

Las edades de dos hermanos tienen una razón de 2 a 1. Cuando transcurran 4 años, la razón entre sus edades será de 8 a 6. ¿Cuánt

Nataly [62]

Answer:

The age of brothers are 4 years and 2 years respectively.

Step-by-step explanation:

We are given that the ages of two brothers have a ratio of 2 to 1. When 4 years have passed, the ratio of their ages will be 8 to 6.

Let the age of the first brother be 'x years' and the age of the second brother be 'y years'.

So, according to the question;

The first condition states that the ages of two brothers have a ratio of 2 to 1, that means;

$\frac{x}{y} =\frac{2}{1}$

$x=2y$ -------------- [equation 1]

The second condition states that when 4 years have passed, the ratio of their ages will be 8 to 6, that means;

$\frac{x+4}{y+4}=\frac{8}{6}$

$6({x+4})=8}(y+4)$

$6x+24=8y+32$

$6(2y)+24=8y+32$

$12y-8y=32-24$

$4y=8$

$y=\frac{8}{4}$ = 2 years

Putting the value of y in equation 1 we get;

x = 2y

x = $2 \times 2$ = 4 years

Hence, the age of brothers are 4 years and 2 years respectively.

3 0

2 years ago

What is the sum of the first five terms of the geometric sequence in which

garri49 [273]

Answer:

1/4

Step-by-step explanation:

4 0

3 years ago

Tesla Battery Recharge Time.The electric vehicle manufacturing company Tesla estimates that a driver who commutes 50 miles per

madam [21]

Answer:

a.) f(x) = $\frac{1}{30}$ where 90 < x < 120

b.) $\frac{2}{3}$

c.) $\frac{2}{3}$

d.) $\frac{1}{2}$

Step-by-step explanation:

Let

X be a uniform random variable that denotes the actual charging time of battery.

Given that, the actual recharging time required is uniformly distributed between 90 and 120 minutes.

⇒X ≈ ∪ ( 90, 120 )

a.)

Probability density function , f (x) = $\frac{1}{120 - 90} = \frac{1}{30}$ where 90 < x < 120

b.)

P(x < 110) = $\int\limits^{110}_{90} {\frac{1}{30} } \, dx$

= $\frac{1}{30}[x]\limits^{110}_{90} = \frac{1}{30} [ 110 - 90 ] = \frac{1}{30} [ 20] = \frac{2}{3}$

c.)

P(x > 100 ) = $\int\limits^{120}_{100} {\frac{1}{30} } \, dx$

= $\frac{1}{30}[x]\limits^{120}_{100} = \frac{1}{30} [ 120 - 100 ] = \frac{1}{30} [ 20] = \frac{2}{3}$

d.)

P(95 < x< 110) = $\int\limits^{110}_{95} {\frac{1}{30} } \, dx$

= $\frac{1}{30}[x]\limits^{110}_{95} = \frac{1}{30} [ 110 - 95 ] = \frac{1}{30} [ 15] = \frac{1}{2}$

7 0

2 years ago

In the spelling bee contest, Jan answered 6 out of 8 questions correctly, Kara answered 78% of her questions correctly, and Bett

eduard

Answer:

2/5 = 40%

43%

13/19 = 68.4%

Juan

Step-by-step explanation:

5 0

2 years ago

Read 2 more answers

A<br> B<br> C<br> D<br> Help much appreciate

Wittaler [7]

Answer:

D

Step-by-step explanation:

A is 4, which is rational,

B is just 1/3, which is rational,

C is -8, which is rational,

leaving D, which is 3.1415926535...

5 0

2 years ago