You've put $1500 into a 5-year CD (Certificate of Deposit) that earns 2.7% (APR) compounded monthly. How much would you have at
the end of the 5 years? Write out the equation along with your answer.
1 answer:
Answer:
$202 Dollars
Step-by-step explanation:
compounded interest
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Your going to have to add information
Step-by-step explanation:
As in the picture of the graph
Z-score for a variable X is calculated using
Z(x)=(x-mean)/standard deviation.
Here
x=56
mean=65
standard deviation=5
so
Z(65)=(65-56)/5=9/5=1.8
X+y=52
y-x=28
Solve with elimination:
2y=80
y=40
x+40=52
x=12
First Number: 12
Second number: 40