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3 years ago

Why does a CD have a slightly higher interest rate than a typical savings account at a bank?

Mathematics

2 answers:

Kobotan [32]3 years ago

6 0

A CD is a type of deposit account

djyliett [7]3 years ago

4 0

Answer:

A CD is a type of deposit account that often pays a higher interest rate than a standard savings account in exchange for restricting access to your funds during the CD term — often between three months and five years. ... You also might have to forfeit a portion of the interest you earned, depending on the bank's policy.

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which statement best describes the expression 3 2 ÷ y? the quotient of y and the sum of 3 and 2 the quotient of the sum of 3 and

grandymaker [24]

The sum of 3 and the quotient of Y and 2

7 0

3 years ago

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36 : 52 = __:__<br> a) 18:26<br> b) 2:3<br> d) 2:2<br> d 9:13

kogti [31]

The answer to the following question is letter D

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3 years ago

A bank charges 1.75 of a point for the origination fee on a mortgage of $400,000. What is the origination fee?

Marina86 [1]

Answer:

The origination fee on a mortgage of $400,000 is $7,000.

Step-by-step explanation:

Here, the mortgage value = $400,000

The origination fee = 1.75%

Now, the origination fee is calculated on the amount mortgaged.

⇒ 1.75 % of ($400,00) = Origination Fee

Now, 1.75 % of ($400,00) = $\frac{1.75}{100} \times 400,000 = 7,000$

or, 1.75 % of ($400,00) = $ 7,000

Hence, the origination fee on a mortgage of $400,000 is $7,000.

4 0

3 years ago

If represented in a stem and leaf plot, what would be the leaf of the number 329?

sdas [7]

Answer:

You can either do a back to back stem and leaf plot, where you would have double the values. In a normal stem and leaf plot you would just have one set of 3's where you would put all the values that start with 3 in that column. A back to back is the same but instead you would have two 3 values, where anything that is higher than 5 would be in the second value of 3, but anything lower would be in that first value of 3.

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3 years ago

Helpppppppppppppppppppppppppppppppppppppppppppp

ahrayia [7]

Answer:

I think it should be $24x^{2}$

Step-by-step explanation:

When the question said area of the cube, I think it was supposed to be surface area, which would $6a^{2}$ where a is the length of one edge. Given that the length of one edge is 2x, we would plug in 2x to the equation to get $6*(2x)^{2}$ which would become $24x^{2}$ .

8 0

2 years ago