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
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withdrawn before the CD matures, the early withdrawal fee is 3 months' interest.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.

You might be interested in
Simplify: 8n-7y-12n+5-3y
professor190 [17]
8n−7y−12n+5−3y

=8n+−7y+−12n+5+−3y

Combine Like Terms:

=8n+−7y+−12n+5+−3y

=(8n+−12n)+(−7y+−3y)+(5)

=−4n+−10y+5

3 0
3 years ago
Read 2 more answers
Find the slop from the given equation. 2x + 4y + 7 = 0
antiseptic1488 [7]

The slope of the line would be -1/2.

To find the slope we need to make the line in the form y = mx + b:

2x + 4y + 7 = 0

2x + 4y = -7

4y = -2x - 7

÷ 4

y = (-2/4)x - (7/4)

-2/4 simplifies to -1/2.

I hope this helps!


6 0
3 years ago
Can i pls get help asap i will give brainly if the answer is right
Zanzabum
<h3>Answer:   0.5</h3>

This is equivalent to the fraction 1/2

==============================================================

Explanation:

The distance from A to B is 3 units. We can count out the spaces, or subtract the x coordinates of the two points and apply absolute value.

|A-B| = |-5-(-8)| = |-5+8| = |3| = 3

or

|B-A| = |-8-(-5)| = |-8+5| = |-3| = 3

We can say that segment AB is 3 units long.

--------------------------

The distance from A' to B' is 1.5 units because...

|A'-B'| = |-2.5-(-4)| = |-2.5+4| = |1.5| = 1.5

or

|B'-A'| = |-4-(-2.5)| = |-4+2.5| = |-1.5| = 1.5

The absolute values ensure the distance is never negative.

We can say A'B' = 1.5

---------------------------

Now divide the lengths of A'B' over AB to get the scale factor k

k = (A'B')/(AB)

k = (1.5)/(3)

k = 0.5

0.5 converts to the fraction 1/2.

The smaller rectangle A'B'C'D' has side lengths that are exactly 1/2 as long compared to the side lengths of ABCD.

3 0
3 years ago
I need help with number 3 please and thank you
murzikaleks [220]
So here we're dealing with equivalent fractions.
It's really simple to find the answer, so I'll try to explain the best I can.

2 dogs / 5 cats is really just 2/5.
If we want to find an equivalent fraction, we have to multiply the numerator and the denominator by the same number.

Currently the number of cats is 5, and we need it to be 140. What we need to do is find the number it has to be multiplied by to equal 140, which is 140 divided by 5. 140 divided by 5 is 28, so 5 x 28 = 140!

We need to multiply the denominator (5) by 28, so that we can get 140. What we have now is ?/140.

Like I said, to find an equivalent fraction, we need to multiply the numerator by the same number as we did the denominator, which is 28!

2 x 28 = 56.

So 2/5 is the same as 56/140.

The answer is D) 56 Dogs/140 Cats.

Hope this helps!
If you're confused about anything leave me a reply and I'll try to explain the best that I can!
3 0
3 years ago
4-Fui al supermercado y había un descuento del 15% en el total de la compra, si pagaba en efectivo. Gasté $ 2.400. ¿Qué cantidad
Grace [21]

Answer:

$2.040

Step-by-step explanation:

Para calcular la cantidad que fue abonada en realidad, debes encontrar el valor del descuento calculando el 15% del valor total de la compra y este resultado se debe restar del total:

$2.400*15%= $360

$2.400-$360= $2.040

De acuerdo a esto, la cantidad abonada en realidad es: $2.040.

6 0
3 years ago
Other questions:
  • Select all that apply.
    6·1 answer
  • Graph x&lt;-5 on a number line​
    9·2 answers
  • Please help me . factor. X^2-29x+100
    7·1 answer
  • Hello,Can anybody give answer to this question.?
    9·1 answer
  • Ned caught 1/3 pound of fish. Sarah caught 5/12 pound of fish. Jesse caught 1/6 pound of fish. How many in total did they catch?
    5·2 answers
  • What’s the answer to this math question???
    8·2 answers
  • A side of the triangle below has been extended to form an exterior angle of 72°. Find the value of xx
    9·2 answers
  • Which line is the graph of y=-2x+2?​
    7·1 answer
  • Which of the following does not describe the dependent variable?
    13·2 answers
  • Math problem I need help​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!