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son4ous [18]
3 years ago
10

Theresa Mitsoto invested $3,500 in a 3-year CD that paid 6.5% annual interest. She cashed out the CD at the end of two years wit

h an early withdrawal penalty of 3 months simple interest. What penalty did Theresa pay?
Mathematics
1 answer:
Andre45 [30]3 years ago
7 0

Answer:

$56.875

Step-by-step explanation:

Given that :

Amount invested = principal, p = 3500

Interest rate, r = 6.5% = 0.065

Penalty on withdrawal = 3 month simple interest

Simple interest = principal * rate * time

Time = 3 months = 3/12 = 0.25 years

Hence,

Simple interest = 3500 * 0.065 * 0.25

Simple interest = $56.875

Hence, penalty paid = $56.875

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DochEvi [55]
What does the black say, the options
3 0
3 years ago
In the recursive formula an = an−1 + 5, the value of the previous term is represented by
den301095 [7]

Step-by-step explanation:

In the recursive formula an = an−1 + 5

a_n = a_{n-1}+5

Suppose if a_5 is the nth term then previous term is a_4

To get the previous term we need to subtract 1 from the n

So a_n is the nth term

a_{n-1} is the previous term

Here 5 represents the common difference between two terms

So value of previous term is represented by

a_{n-1}

Answer : a_{n-1}

6 0
3 years ago
A line has a slope of 2. Write an equation in slope intercept form for the line that is perpendicular to this line.
notsponge [240]

Hey there!

A perpendicular line's slope to another line is always the negative reciprocal of slope.

If our line has a slope of two, we first must find the reciprocal, which is 1/2. Then, we put a negative on it.

Therefore, our equation is y=-1/2x+b.

I hope that this helps! Have a great day!

6 0
3 years ago
Read 2 more answers
Helpppppp$$$!!!!!!!!!!!!!!!!! Plz
insens350 [35]

9514 1404 393

Answer:

  B

Step-by-step explanation:

Given the triangle congruence statements, the segment and angle congruence statements must refer to corresponding vertices. Corresponding vertices are listed in the same order in the triangle congruence statement.

The one FALSE statement in the bunch is ...

  \overline{OD}\cong\overline{AL}

__

The true statements for these segments would be ...

  \overline{OD}\cong\overline{JL}\\\\\overline{CD}\cong\overline{AL}

5 0
3 years ago
I don't know how to do this, I wasn't paying attention in class
solmaris [256]

Answer:

39.837168574084177751131265854635

Step-by-step explanation:

If you plug it into a calculator, you get that.

Next time, please pay attention in class and save us all a little trouble.

7 0
3 years ago
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