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Phantasy [73]
3 years ago
8

Beth and Mark would like to put some savings in the bank. They most likely will not need this money for 4 years, so Beth wants t

o put it in a four-year CD. Mark wants to put the money in a passbook savings account. What is the advantage of a CD
Mathematics
1 answer:
sergeinik [125]3 years ago
4 0

Quite often, the CD will earn more interest—even if you have to pay a penalty for early withdrawal.

_____

For example, my local credit union offers 0.10% interest on passbook savings and 1.46% interest on a 4-year CD. One of my local banks offers 0.01% interest on passbook savings, and 0.60% on a 4-year CD.

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Vesnalui [34]
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5 0
3 years ago
A donut factory produces 1200 donuts every 3 seconds.
gayaneshka [121]
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8 0
3 years ago
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7. Nick’s youth group has 20 regular students that attend weekly get togethers. They saved up enough money for each person to go
Anna11 [10]

Answer:

If each youth saves $10 daily, their weekly savings would be $1400. So they donated $1400 to the church.

Step-by-step explanation:

Let the daily pay plan for each youth be $y

Daily pay plan for 20 youth = $20y

Weekly pay plan = 7×20y = $140y

Assuming each youth saves $10 daily

Daily savings for 20 youth = 20×$10= $200

Weekly savings for 20 youth = 7×$200= $1400

If they used the early pay plan ($140y) to go swimming, they saved $1400 which they donated to the church.

6 0
3 years ago
Need help with this explain
konstantin123 [22]
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5 0
3 years ago
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Shele bought a box of eggs. She wrote this equation to show the number of eggs in one box. e = 6 If Shele bought 4 boxes of eggs
dangina [55]
The equation e = 6 tells you for each box, e, there are 6 eggs. If she bought 4 boxes, you would be multiplying the number of boxes, 4, by e. That means:
4 x e 

Now you need to set 4 x e equal to the total number of eggs she has now. Since you know e = 6 eggs, plug in 6 into 4 x e!
4 x e = ?
4 x 6 = 24

That means you complete equation is:
4 x e = 24

-----

Answer: <span>A) 4 × e = 24</span>
5 0
3 years ago
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