Answer: If the prices increase 3.7% each month, then they would increase 44.4% in a year.
Explanation: 3.7 * 12 = 44.4
Answer:
1. a certificate of deposit
2. multiply the principal by the interest rate and time
Step-by-step explanation:
1. A CD is a savings vehicle called a "Certificate of Deposit." It generally specifies a certain rate of interest for a given period of time. It usually carries an interest penalty for early withdrawal.
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2. The interest on a CD is calculated the way it is calculated for any other investment. The amount of interest in a given time is the product of the principal, the interest rate, and the time period. Interest on a CD with a period of more than 1 year is generally compounded. (The compounding interval will be part of the terms of the CD agreement.)
Answer:
49
Step-by-step explanation:
x = 7
1 / x^-2
= x^2
= 7^2
= 49
The answer is D I believe
