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:
-6x
Step-by-step explanation:
I just answered this
it will equal -6x
good luck :)
80% of quizzes + 20% of final = final grade
80% * 73 + 20% * x = 70
0.8 * 73 + 0.2x = 70
58.4 + 0.2x = 70
0.2x = 11.6
x = 58
Answer:
9
Step-by-step explanation:
225/25= 9
9 batches
G = the cost of one pack of gum
LeBron : 6 - 4g
James : 5 - 2g
what they both have after buying gum..
6 - 4g + 5 - 2g = 11 - 6g
units long, then how long is the other leg?