The early withdrawal fee on this account is $6.25
Step-by-step explanation:
Suppose you buy a CD for $1000
- It earns 2.5% APR and is compounded quarterly
- The CD matures in 5 years
- Assume that if funds are withdrawn before the CD matures, the early withdrawal fee is 3 months' interest
We need to find the early withdrawal fee on this account
∵ The annual interest is 2.5%
- Change it to decimal
∵ 2.5% = 2.5 ÷ 100 = 0.025
∴ The annual interest rate is 0.025
∵ The interest is compounded quarterly
∴ The interest rate per quarter = 0.025 ÷ 4 = 0.00625
∵ The early withdrawal fee is 3 months' interest
∵ You buy the CD for $1000
∵ A quarter year = 3 months
∴ The early withdrawal fee = 1000 × 0.00625 = $6.25
The early withdrawal fee on this account is $6.25
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Answer:
( x + 2 ) and ( x - 11 )
Step-by-step explanation:
x² - 9x - 22 = 0
x² + 2x - 11x - 22 = 0
x ( x + 2 ) - 11 ( x + 2 ) = 0
( x + 2 ) ( x - 11 ) = 0
Factors of x² - 9x - 22 are ( x + 2 ) and ( x - 11 ).
Answer:
-1,1
Step-by-step explanation:
Answer:
maybe use helpful, caring, kind, encouraging
Answer:
Just plug in 10^2-7.5^2
To get 43.75
Step-by-step explanation:
I hope you figure this out.
