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3 years ago

In 2017, which of these represents a competitive but realistic interest rate

Mathematics

1 answer:

xz_007 [3.2K]3 years ago

6 0

Answer: 1%

Step-by-step explanation:

Savings accounts offer interest payments on them however they are quite easy to access which means that banks are limited in being able to use funds in savings accounts for long term loans which bring in revenue.

This therefore translates to lower interest rates being paid on the accounts and in 2017 up until now, a competitive and realistic interest rate often found in savings accounts is approximately 1%.

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You buy 1.75 pounds of apples and 2.05 pounds of oranges. Apples and oranges sell for the same price per pound. The total cost,

dlinn [17]

Answer:

$1.75c+2.05c=4.18\\\\Per\ pound\ cost=c=\$1.1$

Step-by-step explanation:

$Cost\ of\ per\ pound\ apple=Cost\ of\ per\ pound\ oranger=c\\\\$

Cost of Apples:

$Amount\ of\ apples=1.75\ pounds\\\\Cost\ of\ apples=Amount\times per\ pound\ cost\\\\Cost\ of\ apples=1.75\times c\\\\Cost\ of\ apples=1.75c$

Cost of oranges:

$Amount\ of\ oranges=2.05\ pounds\\\\Cost\ of\ oranges=Amount\times per\ pound\ cost\\\\Cost\ of\ oranges=2.05\times c\\\\Cost\ of\ oranges=2.05c$

Total cost:

$Total\ cost\ of\ fruits=cost\ of\ apple+cost\ of\ oranges\\\\Total\ cost\ of\ fruits=1.75c+2.05c\\\\After\ coupon\ cost=\$ 3.43\\\\ Original\ cost=After\ coupon\ cost+coupon\ amount\\\\ Original\ cost=3.43+0.75=4.18$

$1.75c+2.05c=4.18\\\\3.8c=4.18\\\\c=\frac{4.18}{3.8}\\\\c=1.1\\\\Per\ pound\ cost\ of\ fruits=\$1.1$

4 0

3 years ago

157×23 show work pls

Sergeeva-Olga [200]

Step-by-step explanation:

157×23
3611

hope it helps

<h3>stay safe healthy and happy.</h3>

8 0

3 years ago

Read 2 more answers

WHAT'S THE ERROR? A student says 3(n- 5) is equal to 3n - 5. What's<br>the error?

inn [45]

Answer:

The student incorrectly used the Distributive property!

Step-by-step explanation:

The Distributive property says a(b+c)=ab+ac

In this problem the answer SHOULD be 3n-15, however the <u>student forgot to distribute the 3 to the -5</u>!

8 0

3 years ago

Read 2 more answers

A loaf of bread is cut into slices of equal size. Some of the loaf is used in a recipe and 2/12 of the loaf is used to make a sa

gtnhenbr [62]

Answer:
Fraction of bread used in the recipe is 3/12 which can be further simplified into 1/4

Explanation:
The original loaf of bread is 100% complete (no fraction is taken from it yet). This means that the value of the original loaf is 12/12

Now, assume that the fraction used in the recipe is x

We know that:
2/12 of the loaf was used in making a sandwich
7/12 of the oaf was put in the refrigerator

Therefore:
complete loaf = fraction used in making a sandwich + fraction used in making recipe + fraction put in refrigerator
12/12 = x + 2/12 + 7/12
12/12 = x + 9/12
x = 12/12 - 9/12
x = 3/12

Hope this helps :)

5 0

3 years ago

Read 2 more answers

In a survey of 1000 large corporations, 260 said that, given a choice between a job candidate who smokes and an equally qualifie

Usimov [2.4K]

Answer:

The 95% confidence interval for the proportion of corporations preferring a nonsmoking candidate is (0.2328, 0.2872)

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of $\pi$ , and a confidence level of $1-\alpha$ , we have the following confidence interval of proportions.