1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arlecino [84]
2 years ago
10

Help with bonus question please

Mathematics
1 answer:
Sedbober [7]2 years ago
6 0

Bonus #1) June 30 is equivalent to the 91st day of April or the 61st day of May.

Hilda's deposit of 4520 earned interest for 91-1 = 90 days.

Hilda's deposit of 580 earned interest for 61-10 = 51 days.

Hilda's deposit of 590 earned interest for 61-23 = 38 days.

Balance = $4520·(1 +.035/365)⁹⁰ + 580·(1 +.035/365)⁵¹ + 590·(1 +.035/365)³⁸

... = $4559.175 +582.843 +592.154

... ≈ $5734.17

Deposits total 4520 +580 +590 = 5690, so interest earned is

... $5734.17 -5690.00 = $44.17

Bonus #2)  This problem can be worked the same way, except that withdrawals are subtracted from the final balance.

Owner's deposit of $12,300 earned interest for 91 days.

Owner's withdrawal of $3600 reduced the balance for 53 days.

Owner's withdrawal of $1200 reduced the balance for 10 days.

Balance = $12300·(1 +.035/365)⁹¹ -3600·(1 +.035/365)⁵³ -1200·(1 +.035/365)¹⁰

... = $12,407.795 -3618.342 -1201.151

... ≈ $7588.30

Interest earned = $7588.30 - (12300 -3600 -1200) = $88.30

You might be interested in
Lee watches TV for 3 hours per day. During that time, the TV consumes 250 watts per hour. Electricity costs (12 cents)/(1 kilowa
lana66690 [7]
<h2>184 cents in a month. </h2><h2>All you have to do is multiply 12 cents by 3 hours.Making it 36.</h2><h2>Then multiply 36 by 30.</h2>

7 0
3 years ago
Which of the following expressions are equivalent to 6^-3?
Rus_ich [418]

1/6^3 is also equivalent to 6^-3. It can be reverted back to 1/216. Answers on ed2020 are A. and D.

3 0
2 years ago
Read 2 more answers
Someone please help me will give BRAILIEST !!!!!!!!
marishachu [46]
Its a stop taking the medicine when you feel better! Vote me as brainlyest
3 0
3 years ago
Read 2 more answers
What is the domain of this function?
Nata [24]
The domain is the origin of the arrow
domain = {-2,2,3,4}
Option d is the answer
8 0
3 years ago
Read 2 more answers
T.j. gave 16 books to the library book sale. this was 1/3 of his books. how many books did t.j. have?
madreJ [45]
(1/3)x =16 (x represents the total number of books he has)
x=48
8 0
3 years ago
Other questions:
  • Which is a recursive formula for the sequence 99.4, 0, –99.4, –198.8, where f(1) = 99.4?
    7·2 answers
  • 4 1/8 take away 2 3/4​
    8·1 answer
  • Which equation represents a proportional relationship that has a constant of proportionality equal to -10
    13·2 answers
  • What is the ratio of 12 to 4​
    8·2 answers
  • A shopper buys 3 notebooks for $5 each. The percent sales tax is 8%. How much is the total sale?
    14·2 answers
  • Evaluate and match each expression on the left to its value on the right, when x=8 and y=3.
    13·1 answer
  • if 8 workers take 400 hours to finish a project how long will it take 16 workers to complete the same Project​
    9·1 answer
  • Is the equation below a function? explain<br>d) y2 = x2 + 5​
    12·1 answer
  • 20% of all the children in a class are left handed. 4 children are left handed. How many children are there in the class all tog
    7·1 answer
  • On a blueprint, the bedroom wall is 6 in long. the scale factor is 1 to 24. what is the length of the actual wall?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!