Belinda will need to use the simple compounding formula to get the yearly income of $3500.
Present amount = Future amount /(1+interest)^payments
where
Future amount = $35000
interest = 2.8%
payments = 1
Subsitute all the given values, we will get the present amount
Present amount of CD = $34,046.7
35/4
4 goes into 35 8 times. Remainder will be 3
Carry a 0
4 goes into 30 7 times Remainder will be 2
Carry a 0
4 goes into 20 5 times.
The answer is 8.75
Answer:
D. (3x - 8) (8x + 5)
Step-by-step explanation:
<em><u>To factor this trinomial, you must split the middle term into two terms, like so:</u></em>
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<em><u>Group:</u></em>
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<em><u>Take out the GCF (Greatest Common Factor):</u></em>
3x(8x + 5) -8(8x + 5)
(3x - 8) (8x + 5)
Answer:
Step-by-step explanation:
