1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
patriot [66]
3 years ago
11

Gracie bought a cd for $810 that earns a 2.9 APR and is compounded quarterly. The CD matures in 5 years. How much will this CD b

e worth at maturity?
0
A: $909.26
B:935.90
C:963.34
D:$883.25
Mathematics
1 answer:
enyata [817]3 years ago
8 0

Answer:

The amount that this CD will be worth at maturity would be $935.90. The right answer is B.

Step-by-step explanation:

In order to calculate How much will this CD be worth at maturity we would have to use and calculate the formula of future value as follows:

Future Value=Present value×(1+i/n)∧nt

Future Value=$810×(1+2.9%/4)∧(4×5)

Future Value=$935.90

The amount that this CD will be worth at maturity would be $935.90

You might be interested in
Find the equation of the median shown:
qwelly [4]

Hey there! I'm happy to help!

The median is the line cutting the triangle in this graph. In general, a median connects any of the triangle points to halfway across the side opposite to that point. This median connects R to halfway across the side across from R.

We want to find the equation of  this median. We see that T is at (-2,3) and R is (3,-3). The first thing to do when looking for the equation of the line is to find the slope, or incline. Since we have two points, we can do this very easily. You simply divide the difference in the y-values by the difference in the x-values.

DIFFERENCE IN Y-VALUES

3-(-3)

3+3

6

DIFFERENCE IN X-VALUES

-2-3

-5

Now, we divide the two answers, giving us -6/5.

So, we have our slope, which gives us the equation so far y=-6/5x+b. We just need to find the b, which is our y-intercept. Well, to do this, we plug in one of our points and we can solve for b. We will use (3,-3)!

-3=-6/5(3)+b

-3=-3 3/5+b

We add 3 3/5 to both sides to isolate the b.

b=3/5

This means that this median should hit the y-axis at (0,3/5), and it looks like it does. Therefore, the equation of this median is y=-6/5x+3/5.

Now you can find the slope of a median! Have a wonderful day! :D

8 0
3 years ago
John spent $75 on a shopping trip for new clothes last week. He had expected to spend $100 on clothes. table How much was the ab
kolezko [41]

Answer:

\$\ 25

Step-by-step explanation:

By definition, the absolute error is defined as:

\epsilon = |x_a - x_e|

Where:

\epsilon: is the error

x_a: is the approximate value

x_e: is the exact value

In this problem the approximate value was 100 and the exact value was 75. Then we substitute these values in the formula to find the error.

\epsilon = |100 - 75|\\\epsilon = \$\ 25

3 0
3 years ago
Read 2 more answers
HELP BEING TIMEDD
solmaris [256]

Answer:

p=3+4+5=12

Step-by-step explanation:

6 0
2 years ago
Read 2 more answers
Law of cosine find m<B a=11 b=12 c=17
Andrei [34K]
Cos (B) = (a^2 + c^2 -b^2) / (2 * a * c)
cos (B) = (11^2 +17^2 -12^2) / (2 * 11 * 17)
cos (B) = (121 + 289 -144) / (374)
cos (B) = 266 / 374
cos (B) = <span> <span> <span> 0.7112299465
Angle B =  </span></span></span>44.665 degrees








3 0
3 years ago
If f(x) = │(x² – 50)│, what is the value of f(-5) ?
Liula [17]
f(x)=|(x^2-50)|\\\\f(-5)=|(-5)^2-50|=|25-50|=|-25|=25\\\\\\|a|=  \left\{\begin{array}{ccc}a&for&a\geq0\\-a&for&a < 0\end{array}\right\\\\|-3|=3;\ |5|=5;\ |0|=0;\ |-12|=12
5 0
3 years ago
Read 2 more answers
Other questions:
  • Consider the matrix
    15·1 answer
  • What is 4 plus negative 3
    8·2 answers
  • Ethan borrowed $1,200 from a loan company at 15% simple interest for 6 months. How much did he have to pay each month on the ins
    10·1 answer
  • a term of scientists surveying a forest found that there were four oak trees for every 10 pine trees. if they counted 24 more pi
    6·1 answer
  • A. Find the slope of the line that passes through the two points: (4, 4) and (0, 2).
    13·2 answers
  • What is the minimum possible value for y in the equation y = x^2 + 12x + 5?
    13·1 answer
  • At a price of $p the demand x per month (in multiples of 100) for a new piece of software is given by x 2 + 2xp + 4p 2 = 5200. B
    8·1 answer
  • I need some help please !
    6·2 answers
  • How is 6.3 written in scientific notation? 6.3 times. 100 63 times. 10–1 6.3 times. 101 63 times. 100
    10·1 answer
  • 21. Plot the numbers on the number line below. A.-5 1/2 B -6.3 C. -5.8 D. -6 7/10 E. -4.9 F. -6 9/10
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!