1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crank
3 years ago
5

NEED HELP ASAP PLEASE

Mathematics
1 answer:
olga nikolaevna [1]3 years ago
7 0

Answers:

  • interest = $75
  • balance at maturity = $3075

=============================================================

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

---------------

In short, you deposit $3000 into the CD and have to wait 3 months for the amount to update to $3075.

You might be interested in
If aerts305 is 16 and his friend is 15 who’s older
Angelina_Jolie [31]

Answer:

aerts is older by 1 year

Step-by-step explanation:

5 0
3 years ago
Please help me with these two questions
KonstantinChe [14]

Answer:

#1 is 60°, #2 is 55°

Step-by-step explanation:

all angles in a triangle add up to 180° so u can just subtract from that for the missing angles. :)

4 0
3 years ago
No links need help ASAP
Alexandra [31]

Answer:

4, 2

Step-by-step explanation:

The formulas for 180 clockwise and counterclockwise wise is -x,-y since both of them are negative they would become positive because -x * -x = + same with y.

5 0
3 years ago
Read 2 more answers
The student council is selling cupcakes at the school play.
Eduardwww [97]

Answer: 37.5

Step-by-step explanation:

75 divided by 2

6 0
3 years ago
Use Pythagorean Theorem to find each missing length <br>please help with the steps
Montano1993 [528]
The first answer is going to be 15.42 (so b) and the second is going to be 10.67 (so a)
4 0
3 years ago
Read 2 more answers
Other questions:
  • Find the coordinates of the circumcenter for triangle DEF with coordinates D(1,3) E(8,3) and F(1,-5) show your work
    11·1 answer
  • Asap Help please THANK YOU!!
    13·1 answer
  • If f(x) = 3x + 2 and
    8·1 answer
  • What is the summ of 2/5 and 2/4
    10·1 answer
  • Tim Worker decided to purchase a new television on an installment loan. The television was $565.00. Tim agreed to pay $51.00 per
    7·2 answers
  • The base price of the Scat 5 $19,900.00 Options include polished chrome wheels for $366.00, sound package for $462.00, and tinte
    15·1 answer
  • Is this a function? Yes or No?
    8·2 answers
  • PLEASE CAN SOMEONE ANSWER THIS <br><br> y=8.2x+459=
    15·2 answers
  • Find the value of x. Round to the<br> nearest tenth.<br> 40<br> X<br> 7<br> x = [?]
    9·1 answer
  • 210 students were asked whether they want to go to a water park or a roller skating rink for a class party.50 students are girls
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!