Lori buys a $586 certificate of deposit (CD) that earns 6.6% interest that compounds monthly. How much will the CD be worth in 1
1 answer:
Answer:
<h2>$1344.9</h2>Step-by-step explanation:
This problem can be solved using the compound interest formula
Given data
A, final amount =?
P, principal = $586
rate, r= 6.6% = 0.066
Time, t= 13 years
Substituting our values into the expression we have
To the nearest cent the in 13 years the CD will be worth $1344.9
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Answer:
No, is 1 which can be written as
. The definition of rationals is any number that can be written as a ratio of an integer to an integer where the bottom integer is not 0.
Step-by-step explanation:
since
.
Rational numbers included anything that can be written as a fraction where the top and bottom are integers (bottom integer is not 0).
1 can be written many different ways. It can be written as .
Both the numerator and the denominator of the rewrite of one that I did are integers.
The integers include the following numbers:
{...,-4,-3,-2,-1,0,1,2,3,4,...}.
The integers are the whole numbers and the opposite of the whole numbers.
The whole numbers are {0,1,2,3,4,...}.
The opposite of the whole whole numbers are {...,-4,-3,-2,-1,0}.