The early withdrawal fee on this account is $6.25
Step-by-step explanation:
Suppose you buy a CD for $1000
- It earns 2.5% APR and is compounded quarterly
- The CD matures in 5 years
- Assume that if funds are withdrawn before the CD matures, the early withdrawal fee is 3 months' interest
We need to find the early withdrawal fee on this account
∵ The annual interest is 2.5%
- Change it to decimal
∵ 2.5% = 2.5 ÷ 100 = 0.025
∴ The annual interest rate is 0.025
∵ The interest is compounded quarterly
∴ The interest rate per quarter = 0.025 ÷ 4 = 0.00625
∵ The early withdrawal fee is 3 months' interest
∵ You buy the CD for $1000
∵ A quarter year = 3 months
∴ The early withdrawal fee = 1000 × 0.00625 = $6.25
The early withdrawal fee on this account is $6.25
Learn more:
You can learn more about the interest in brainly.com/question/11149751
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Answer:
From 4-5 the shape is rotated 180 degrees.
Step-by-step explanation:
If you are standing up and you jump to face the other way your turning 180 degrees. If you turn to your side that would be 90 degrees and for a full turn 360 degrees.
Hope this helps, please leave any questions or concerns in the comments. Thanks
Answer:
Step-by-step explanation:
V= <em>lwh</em><em> </em>or <em>l</em><em> </em><em>*</em><em>w</em><em>*</em><em>h</em>
<em>Length</em><em>:</em><em> </em><em>15</em>
<em>Width</em><em>:</em><em> </em><em>3</em>
<em>Height</em><em>:</em><em>4</em>
<em>V</em><em>=</em><em>15</em><em>*</em><em>3</em><em>*</em><em>4</em>
V=180
With 
, we have
Then the difference quotient is
since <em>h</em> ≠ 0.
