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Marina86 [1]
2 years ago
9

Claire has invested $10,000 in an 18-month CD that pays 6.25%. How much interest will Claire receive at maturity?

Mathematics
1 answer:
Vikki [24]2 years ago
4 0

Answer:

the interest received is $957.03

Step-by-step explanation:

Given that

The invested amount is $10,000

There is 18 months

And, the interest rate is 6.25%

= (($10,000 × (1 + 6.25% ) × 0.0625  × 6 months ÷ 12 months)) + ($10,000 × 6.25%)

= $332.03 + $625

= $957.03

Hence, the interest received is $957.03

You might be interested in
What’s the mean of the data set 17,24,26,13
igor_vitrenko [27]

Answer:

20

Step-by-step explanation:

To find the mean, add up all the numbers in the data set, and then divide by the number of terms in the data set

<em>Add </em>

Add up the numbers in the data set

17+24+26+13

80

<em>Divide </em>

Divide by the number of terms in the data set

In this case, there are 4 terms (17, 24, 26, 13)

80/4=20

The mean of the data set is 20

5 0
3 years ago
Read 2 more answers
Subtract 6 from me. Then multiply by 2. If you subtract 40 and then divide by 4, you get 8. What number am I?
aliina [53]

Answer:

42

Step-by-step explanation:

Let the number be "x"

We translate the word equation to algebraic equation.

First,

subtract 6 from me, so we have:

x - 6

Now,

Multiply by 2, so we have:

2(x-6)

Now,

Subtract 40, then divide by 4:

\frac{2(x-6)-40}{4}

Now, you get "8", so equate this to 8, we get:

\frac{2(x-6)-40}{4}=8

We now solve using algebra:

\frac{2(x-6)-40}{4}=8\\2(x-6)-40=4*8\\2(x-6)-40=32\\2x-12-40=32\\2x-52=32\\2x=32+52\\2x=84\\x=42

The number is 42

7 0
3 years ago
Thanks for the help ;)
Pani-rosa [81]

Answer:

A.

Step-by-step explanation:

3 0
2 years ago
Read 2 more answers
I don’t know how to do it can someone help me?
frozen [14]

Answer:f(g(0))= 1/5

              g(f(0))= 7

Step-by-step explanation:

for f(g(0))=you solve for g(x) but you plug in 0 for x so g(0)= 8(0)+3

                                                                                                    =3

 so now you plug in the answer of the function of g(x) witch is 3 and plug it in as the x for F(x) so f(3)= 1/(3)+2

                                     = 1/5

so f(g(0)) is equal to 1/5

Now for G(f(0)) you solve for f(x) by pluging 0 for x so F(0)= 1/(0)+2

                                                                                               =1/2

now you plug in 1/2 for the x of g(x) so g(1/2)= 8(1/2)+3

                                                                         = 4+3

                                                                         =7

so g(f(0)) is equal to 7

Hope this helps:)

3 0
3 years ago
Ann is grouping 38 rocks.she can put them into groups of 10 rocks or as single rocks .what are the different ways Ann can group
photoshop1234 [79]

Answer:

3 and 8/10

Step-by-step explanation:

38/10=3.8 you can have three groups of 10 and 8/10 of another group

4 0
2 years ago
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