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Luden [163]
3 years ago
12

QUICK I NEED ANSWER ASAP What happens if you decide to cash in your Certificate of Deposit (CD) before its maturity date?

Mathematics
2 answers:
Helga [31]3 years ago
7 0
You’ll have to pay a penalty, forfeiting some of your interest
Oxana [17]3 years ago
6 0

Answer:

Step-by-step explanation:

Certificate of deposit is issued for a fixed period with maturity amount and value on it.  If closed at the date of maturity as per agreed interest full interest and hence full maturity value will be paid

If before its maturity date it has to be cashed, then the actual time period run from the date of issue to closing date would be calculated.  The interest rate for that period run - penalty of 1% for premature closing will be the interest rate paid.

Thus the amount paid will be less than maturity value because of reduction in interest for actual running period and also penalty of 1%

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Simplify The Expression:<br><br> 1/8h+7-3/4h<br><br> Thank you!
ivann1987 [24]

Answer:

-5/8h + 7

Step-by-step explanation:

First you need to combine like terms (1/8h and -3/4h)

So 1/8h - 3/4h is -5/8h

Then we have our 7 left over

So the answer is -5/8h + 7

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3 years ago
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Radda [10]
I’m pretty sure the answer would be 116
8 0
2 years ago
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What is 18/4 equel to in simplest form
Ipatiy [6.2K]
9/2 is the simplest form of 18/4.
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6 0
3 years ago
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A school has two varsity basketball teams. One is the girls' team, and the other is the boys' team. On any given Saturday in Dec
belka [17]

The probability that either the girls' or boys' team gets a game is 0.85            

Step-by-step explanation:

Step 1:

Let P(G) represent the probability of girls team getting a game and P(B) represent the probability of the boys team getting a game.

P(B ∪ G) represents the probability of either girls and boys team getting a game.

P(B ∩ G) represents the probability of both girls and boys team getting a game.

Step 2:

It is given that P(G) = 0.8, P(B) = 0.7 and P(B ∩ G) = 0.65

We need to find the probability of either girls or boys team getting a game which is represented by P(B ∪ G)

Step 3:

P(B ∪ G) = P(B) + P(G) - P(B ∩ G)

= 0.8 + 0.7 - 0.65 = 0.85

Step 4:

Answer:

The probability that either the girls' or boys' team gets a game is 0.85

5 0
3 years ago
The maximum weight for a truck in Oregon without a special permit is 40 tons what is the greatest number of pounds what is the g
Nimfa-mama [501]

Answer:

80,000lbs

Step-by-step explanation:

40 tons = 80000lbs

8 0
2 years ago
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