Answers:
- interest = $75
- balance at maturity = $3075
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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
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In short, you deposit $3000 into the CD and have to wait 3 months for the amount to update to $3075.
Answer:
D. y=30x
Step-by-step explanation:
So x represents like say if he mowed 3 yards.
y=30(3)
Then y would equal 90
Answer:
x=4
Step-by-step explanation:
9x-18 = x+14
9×-× = 14+18
8× = 32
X = 4
Multiply .6 x 132 and that gets you 79.2 then you add 132 +79.2 =$211.20
C. Alternate interior angles are formed by a transverse line intersecting two parallel lines . They are located between the two parallel lines but on opposite sides of the transverse line
