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patriot [66]
4 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]4 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

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Tiana spins a spinner several times. It stops on red 12 of those times. Based on this result, she predicts that if she spins the
miv72 [106K]

Answer:

50

Step-by-step explanation:

Set up the equation

12/x = 240/1000

cross multiply

1000(12) = 240(x)

12000 = 240x

divide both sides by 240

x = 50

8 0
3 years ago
Which is the graph of the following inequality
trapecia [35]

Answer:

graph a is the correct answer

Step-by-step explanation:

3 0
3 years ago
I will give brainliest!!!!
jonny [76]
It think it’s gonna be A
4 0
4 years ago
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Andrew is building a ramp for a snowboarding competition. The rules of the competition say that the height of the ramp must be 8
lara31 [8.8K]

Answer:

The length of the third piece of the ramp is;

D. 9.24 feet

Step-by-step explanation:

The given parameters are;

The height of the ramp = 8 feet

The angle between the piece that forms height and the base = 90°

The angle formed by the third piece connecting the height of the ramp to the furthest point and the 8 foot piece = 30°

Let 'y' represent the 8-foot piece forming the height, and let 'r' represent the third piece, by trigonometric ratio, we have;

cos(30^{\circ}) = \dfrac{y}{r}

Therefore, we get;

cos(30^{\circ}) = \dfrac{8}{r}

r = \dfrac{8 \ feet}{cos(30^{\circ})} = \dfrac{8 \ feet}{\dfrac{\sqrt{3} }{2}  }  = \dfrac{16 \cdot \sqrt{3} \ feet}{3}  \approx 9.24 \ feet

The length of the third piece, r ≈ 9.24 feet

3 0
3 years ago
I really need help on this
viktelen [127]

Answer:

A)  sarah = $ 937.33  ; claire = $928.00

Step-by-step explanation:

<h2><u>Sarah - Compound interest </u></h2>

compund interest formula :

A = P ( 1 + r/100) ^ n

A is the amount invested

P is the principle

r is the rate of interest

n is the number of years

A = 800 * ( 1 + 2 /100) ^8

=937.33

Sarah has $ 937.33

<h2><u>Claire - Simple interest </u></h2>

simple interest formula :

= PRT / 100

P is the principle

R is the rate

T is the number of years

= 800*2*8 /100

=128

128 + 800 = 928

claire has $ 928

4 0
3 years ago
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