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GREYUIT [131]
2 years ago
9

Phineas puts $600 into a certificate of deposit that earns 3.09%. If the money is

Mathematics
1 answer:
Rom4ik [11]2 years ago
5 0

Answer:

$678.83

Step-by-step explanation:

Given :

Principal, P = $600

Rate = 3.09% = 0.0309

Period, t = 4 years

Compounding times per period, n = 12 (monthly)

The compound interest formula :

A = P(1 + r/n)^nt

A = 600(1 + 0.0309/12)^(12*4)

A = 600(1 + 0.002575)^48

A = 600(1.002575)^48

A = 600 * 1.1313834

A = 678.83004

Worth in 4 years = $678.83

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If EG = 59, and EF = 8x - 14, while FG = 4x + 1
lyudmila [28]

Answer:

x = 6

Step-by-step explanation:

EG = 59

EF = 8x - 14

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to find the value of x

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12x -13 = 59

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x = 72 ÷ 12

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You can even cross check for correct answer

EF + FG = EG

instead of x place the x's value we got

8x - 14 + 4x + 1 = 59

8 (6) - 14 + 4 (6) + 1 = 59

48 - 14 + 24 + 1 = 59

34 + 25 = 59

59 = 59

CROSS - CHECKED

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