After five weeks they will have the same amount of money.
Answers:
- interest = $75
- balance at maturity = $3075
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Explanation:
The simple interest formula is
i = p*r*t
where in this case,
- p = 3000 = principal (amount deposited)
- r = 0.10 = annual interest rate in decimal form
- t = 3/12 = 0.25 = number of years
So,
i = p*r*t
i = 3000*0.10*0.25
i = 75 is the amount of interest earned
This adds onto the initial deposit to get the final balance when the CD matures (ie when you're able to withdraw the money without penalties)
The balance at maturity is p+i = 3000+75 = 3075 dollars
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In short, you deposit $3000 into the CD and have to wait 3 months for the amount to update to $3075.
Answer:
He can buy <u>3 bracelets</u>.
Step-by-step explanation:
Given:
Mr. Gonzales has only 42.50 to spend he wants to buy 29 t shirts including tax and some bracelets that cost 4.50 each including tax.
Now, to find the number of bracelets he can buy.
Let the number of bracelets he can buy be 
Price of each bracelets = 4.50.
Total amount to spend = 42.50.
Number of t-shirts = 29.
Now, to get the number of bracelets we put an equation:
<em>Subtracting both sides by 29 we get:</em>
<em />
<em />
<em>Dividing both sides by 4.50 we get:</em>
<u>The number of bracelets = 3.</u>
Therefore, he can buy 3 bracelets.
Answer:
The answer is "Analysis the information by chart and number processes".
Step-by-step explanation:
They already have articulated a query and also gathered information unless you are searching only at the distribution of your results. Those who are ready to analyze your results for all are there.
Product = multiply
3/4 x 12 = 9
17 + 9 = 26
