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Arlecino [84]
3 years ago
12

Rachel invested $15,000 in a nine-year CD giving 8.5% interest, but needed to withdraw $4,000 after two years. If the CD's penal

ty for withdrawal was six months' worth of interest on the amount withdrawn, how much money did Rachel have when the CD reached maturity, not including the amount she withdrew? Round answer to the nearest whole dollar.
Mathematics
2 answers:
JulijaS [17]3 years ago
8 0

Answer:


Step-by-step explanation:

The answer is 19,925

drek231 [11]3 years ago
5 0
Given:
Principal = 15,000
interest = 8.5%
term = 9 years

I = 15,000 * 8.5% * 9 years = 11,475
total amount after 9 years = 15,000 + 11,475 = 26, 475

Preterm after 2 years. wdl of 4,000. penalty is 6 months interest of 4,000

I = 4,000 * 8.5% * 6/12 = 170  amount of penalty
I = 15,000 * 8.5% * 2 years = 2,550 interest earned for 2 years

15,000 + 2,550 = 17,550
17,550 - 4,000 - 170 = 13,380 amount to be invested for another 7 years

I = 13,380 * 8.5% * 7 years = 7,961.10
total amount after 9 years with pretermination
 13,380 + 7,961.10 = 21,341.10
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Answer:

68

Step-by-step explanation:

Draw a line from(-4,3) to (4,3).

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katen-ka-za [31]

Answer:

x = 5

x = 0.5

Step-by-step explanation:

2x2 - 11x + 5 = 0

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3 years ago
Vita saved $72 last December. This amount represents 2/9 of the total amount she saved last year. What is the total amount Vita
GrogVix [38]
\dfrac{2}{9} \text { of the saving} = \$72

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Find 1/9 :
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\dfrac{1}{9} \text { of the saving} = \$72 \div 2

\dfrac{1}{9} \text { of the saving} = \$36

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Find 9/9 :
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\dfrac{9}{9} \text { of the saving} = \$36 \times 9

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Answer: The total amount is $324.
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7 0
3 years ago
a large box contains 18 small boxes and each small box contains 25 chocolate bars how many chocolate bars are in the large box?
statuscvo [17]
The box has 450 bars in it. 18 times 25 would equal 450
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3 years ago
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Please help me ASAP yall!!!
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Answer:

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<C+<D = 180 since they form a straight line

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