The early withdrawal fee on this account is $6.25
Step-by-step explanation:
Suppose you buy a CD for $1000
- It earns 2.5% APR and is compounded quarterly
- The CD matures in 5 years
- Assume that if funds are withdrawn before the CD matures, the early withdrawal fee is 3 months' interest
We need to find the early withdrawal fee on this account
∵ The annual interest is 2.5%
- Change it to decimal
∵ 2.5% = 2.5 ÷ 100 = 0.025
∴ The annual interest rate is 0.025
∵ The interest is compounded quarterly
∴ The interest rate per quarter = 0.025 ÷ 4 = 0.00625
∵ The early withdrawal fee is 3 months' interest
∵ You buy the CD for $1000
∵ A quarter year = 3 months
∴ The early withdrawal fee = 1000 × 0.00625 = $6.25
The early withdrawal fee on this account is $6.25
Learn more:
You can learn more about the interest in brainly.com/question/11149751
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88.21 fram is the anserer
Answer:
The length of s is 5.1 inches to the nearest tenth of an inch
Step-by-step explanation:
In Δ RST
∵ t is the opposite side to ∠T
∵ r is the opposite side to ∠R
∵ s is the opposite side to ∠S
→ To find s let us use the cosine rule
∴ s² = t² + r² - 2 × t × r × cos∠S
∵ t = 4.1 inches, r = 7.1 inches, and m∠S = 45°
→ Substitute them in the rule above
∴ s² = (4.1)² + (7.1)² - 2 × 4.1 × 7.1 × cos(45°)
∴ s² = 16.81 + 50.41 - 41.1677568
∴ s² = 26.0522432
→ Take √ for both sides
∴ s = 5.10413981
→ Round it to the nearest tenth
∴ s = 5.1 inches
∴ The length of s is 5.1 inches to the nearest tenth of an inch
Answer:
Step-by-step explanation:
y = mx +b
Here , m is the slope and b is the y-intercept
y = (1/2)x - 3
y-intercept = -3
When referring to a dot plot, scatter graph, or scatter plot such as this one, the line that represents the averages of all Y values is known as a <em>line of best fit.</em>
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Hope this helps,
Jeron
:)
