Answer: it would be worth $11925 when it matures after 7 years.
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount invested in the CD.
R represents interest rate on the amount invested in the CD.
T represents the duration of the investment in years.
From the information given,
P = $10,000
R = 2.75%
T = 7 years
I = (10000 × 2.75 × 7)/100
I = $1925
Therefore, the worth of the CD in total at the end of 7 years when the CD matures is
10000 + 1925 = $11925
Answer:
yes it is correct
Step-by-step explanation:
System A has ONE real solution
System B has NO real solutions
System C has ONE real solution
Answer:
Step-by-step explanation:
Answer:
The ratio of the number of female teachers to the number of male teachers is 18:5.
Step-by-step explanation:
First: Review how to write a ratio:
To write a ratio, take the two quantities, and put them on both sides of a colon (:). So, our two quantities our 18 and 5. But, they need to be in a specific order:
There are 18 female teachers and 5 male teachers at Ashley's school. What is the ratio of the number of female teachers to the number of male teachers?
Since, they mentioned the number of female teachers first, we put the quantity of female teachers first. So we will write 18 first and 5 after. So, the ratio is 18:5.
Thank you for reading
Topic: Ratios
