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Reptile [31]
3 years ago
5

Suppose you buy a CD for $500 that earns 3% APR and is compounded quarterly. The CD matures in 3 years. Assume that if funds are

withdrawn before the CD matures, the early withdrawal fee is 3 months' interest. What is the early withdrawal fee on this account?
Mathematics
1 answer:
DerKrebs [107]3 years ago
6 0

Answer:

  $3.75

Step-by-step explanation:

I = Prt

I = $500·0.03·(3/12) = $3.75

The early-withdrawal fee is $3.75 for the first quarter.

_____

Each quarter after that, the principal amount will be larger, so the interest penalty will be larger. The fee would be the amount of interest that would be credited at the end of the next quarter, or at the end of the quarter currently in progress.

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Andy has three planks of wood. Two planks are each 1.5 m long. One plank is 2.5m long. What is the total length of all the three
11Alexandr11 [23.1K]

Given:

Two planks are each 1.5 m long.

One plank is 2.5m long.

To find:

The total length of all the three planks.

Solution:

Two planks are each 1.5 m long. So,

First plank = 1.5 m

Second plank = 1.5 m

One plank is 2.5m long. So,

Third plank = 2.5 m

Now, the total length of all the three planks is

\text{Total length}=\text{First plank + Second plank + Third plank}

\text{Total length}=1.5+1.5+2.5

\text{Total length}=5.5

Therefore, the total length of all the three planks is 5.5 m.

4 0
3 years ago
What is the exact value of tan 202.5 degrees
defon

Answer:

7.49001583795

Step-by-step explanation:

Use a calculator to solve this question. Plug in tan (202.5) The answer is 7.49001583795

If this answer is correct, please make me Brainliest!

8 0
3 years ago
Which points are on the graph of ƒ(x) = 2(0.5)^x
Slav-nsk [51]
<span> <span><span> x           y=2*(0.5)^x

 </span><span>-10       2048 </span> <span>
-9          1024
</span> <span> -8            512 </span> <span>
-7            256 </span> <span>
-6            128
</span> <span> -5              64
</span> <span> -4              32 </span> <span>
-3              16
 </span><span>-2               8 </span> <span>
-1                4 </span> <span>
0                 2 </span> <span>
1                1 </span> <span>
2                0.5 </span> <span>
3                0.25
</span> <span> 4                0.125 </span> <span>
5                0.0625 </span> <span>
6                0.03125 </span> <span>
7                0.015625
</span> <span> 8                0.0078125 </span> <span>
9                0.00390625
</span> <span> 10              0.00195313

As x goes to negative infinity the function grows to infinity.

As x grows to infinity the function decreases an approximate to zero. </span></span></span>
5 0
4 years ago
State what additional information is required in order to know that the triangles are congruent for the reason given. If possibl
Ierofanga [76]

In this We need one more side congruent because one is common i.e FG. It is the line which is Dividing it into two triangles. The property used here is SAS or Side-angle-side Property.

7 0
3 years ago
Read 2 more answers
Of the 47 plays attributed to a​ playwright, 11 are​ comedies, 20 are​ tragedies, and 16 are histories. If one play is selected
Amanda [17]

The odds against selecting a history are 31/16.

<h3>Define probability.</h3>

Probability is the concept that describes the likelihood of an event occurring. In many situations, it is necessary to foresee how something will turn out in the actual world. We may be aware of the result of an event or not. When this occurs, we state that there is a possibility that the event will occur.

Probability is the ratio of the most likely outcomes to all other possible outcomes of an event. The number of successful outcomes for an experiment with 'n' outcomes may be expressed using the symbol x. The following formula can be used to determine the likelihood of an event.

Probability(Event) = favorable outcome/Total outcome = x/n

Number of playwrights = 47

Number of histories = 16

Therefore, the odds against selecting a history are

(47 - 16) / 16

= 31/16

To know more about probability, visit:

brainly.com/question/13957582

#SPJ1

4 0
1 year ago
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