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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

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A company sells widgets. The amount of profit, y, made by the company, is related to the selling price of each widget, x, by the
defon

Answer:

Price of widget to break even= $37.9

Step-by-step explanation:

We are told that the equation representing the amount of profit, y, made by the company, in relation to the selling price of each widget, x is;

y = -8x² + 348x - 1705

Now, the company will break even when it has made no profit. That is when, y = 0

Thus;

0 = -8x² + 348x - 1705

Rearranging,

8x² - 348x + 1705 = 0

Using quadratic formula ;

x = [-b ± √(b² - 4ac)]/2a

x = [-8 ± √(-348² - 4•1•1705)]/(2 x 8)

x = $5.63 or $37.87

We'll use $37.87 because it is the highest price for which no profit is made, and higher price means that we could sell least number of products to earn a certain amount of money.

We are told to approximate to nearest cent. Thus,

Price of widget = $37.87 ≈ $37.9

7 0
3 years ago
I did 12 squared + 16 squared = 400 and then I did √400 = 20 so y = 20. Is this answer correct?
Nuetrik [128]
Yes its correct you did well :)
3 0
2 years ago
For a party Gary buys cheese pizzas for $5 and pepperoni pizzas for $8 each. His bill comes to $75. Let x represent the number o
Aloiza [94]

Answer:

The answer is the second answer from the image. Which is 5x-8y=$75

Step-by-step explanation:

It is that answer because it costs $5 for one cheese pizza and $8 for a pepperoni pizza, so the answer is 5x-8y=75

still confused?

Its that answer because the first one and the third one are the same, just both equations like in different ways like example 10+2 is 12 right? And 2 + 10 is still 12 so that means the second answer from the image is the answer.

Hope that helps.

3 0
2 years ago
Read 2 more answers
In ΔBCD, the measure of ∠D=90°, DC = 12, BD = 35, and CB = 37. What is the value of the tangent of ∠B to the nearest hundredth?
Maru [420]

Answer:

0.34

Step-by-step explanation:

5 0
2 years ago
Please help! I'll mark your answer as brainliest if right <3
sashaice [31]
Your answer was correct . Maybe you have an extra space in your answer ? I worked out the problem twice and got -49/8, -163/8
3 0
2 years ago
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