Answer: it would be worth $11925 when it matures after 7 years.
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount invested in the CD.
R represents interest rate on the amount invested in the CD.
T represents the duration of the investment in years.
From the information given,
P = $10,000
R = 2.75%
T = 7 years
I = (10000 × 2.75 × 7)/100
I = $1925
Therefore, the worth of the CD in total at the end of 7 years when the CD matures is
10000 + 1925 = $11925
Answer:
y = - 4
Step-by-step explanation:
Given
y = 2x + ( - 2) , that is
y = 2x - 2 ← substitute x = - 1
y = 2(- 1) - 2 = - 2 - 2 = - 4
This is confirmed by the point (- 1, - 4 ) on the graph
Answer:
D.
Step-by-step explanation:
Translates horizontally 3.5 units right.
