Answer:
$56.875
Step-by-step explanation:
Given that :
Amount invested = principal, p = 3500
Interest rate, r = 6.5% = 0.065
Penalty on withdrawal = 3 month simple interest
Simple interest = principal * rate * time
Time = 3 months = 3/12 = 0.25 years
Hence,
Simple interest = 3500 * 0.065 * 0.25
Simple interest = $56.875
Hence, penalty paid = $56.875
Answer:
The 3 is a whole number.
Step-by-step explanation:
According to rules in decimals any number behind or after the decimal point is considered as a decimal because it's less than a whole.
I hope this helps in any way.
Answer:
8x(10^-5)
Step-by-step explanation:
