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:
6 plates needed
Step-by-step explanation:
2 dozen= 24
3 dozen = 36
24+36=60
60 ÷ 10=6
6 plates needed
Answer:
4 tens + 5 tenths
Step-by-step explanation:
40+5\10= 40+1/2=40.5
Answer:
$234
Step-by-step explanation:
Create a proportion where x is the amount he gets working 36 hours
= 
Cross multiply and solve for x
48x = 11232
x = 234
So, when he works 36 hours a week, he will get paid $234