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- Assume that if funds are withdrawn before the CD matures, the early withdrawal fee is 3 months' interest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:
do length times width times height and see what you get if your answer is not on there split the figure into 2 shapes and do l*w*h to both and add you 2 figures together then see if you have your answer.
Step-by-step explanation:
do length times width times height and see what you get if your answer is not on there split the figure into 2 shapes and do l*w*h to both and add you 2 figures together then see if you have your answer. hope that helps!
I can answer this for you its 4.8,2.6,and 2.3
Answer:
d. reflect triangle abc across line ab
Step-by-step explanation:
Answer:
The set
Step-by-step explanation:
We separate the left and right side of the equation, to create two new equations:
(1)
(2).
and then to solve Tanisha's original equation, we find the solution to the system that we got above.
The first step in solving the above system of equations is to take the value for 
from equation(1), and substitute it into equation(2) which gives us:
which is the same equation that Tanisha set out to solve.
