Answer:
15/100 * 20, because the meal is 20 dollars and to find the percent of something you divide it with 100 so you will divide 15 with 100 and you’ll get 0.15. Then you will times it with the amount the meal cost because thats the charge. So 0.15•20 and you’ll get $3. A 15% tip for a $20 meal is $3.
Answer:
true.
Step-by-step explanation:
hope this helps, i looked it up :)
Answers:
- interest = $75
- balance at maturity = $3075
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Explanation:
The simple interest formula is
i = p*r*t
where in this case,
- p = 3000 = principal (amount deposited)
- r = 0.10 = annual interest rate in decimal form
- t = 3/12 = 0.25 = number of years
So,
i = p*r*t
i = 3000*0.10*0.25
i = 75 is the amount of interest earned
This adds onto the initial deposit to get the final balance when the CD matures (ie when you're able to withdraw the money without penalties)
The balance at maturity is p+i = 3000+75 = 3075 dollars
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In short, you deposit $3000 into the CD and have to wait 3 months for the amount to update to $3075.
I think it is B, but I'm not fully sure.
