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- Assume that if funds are withdrawn before the CD matures, the early withdrawal fee is 3 months' interest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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Answer: 0.18 seconds
step by step explanation: if it takes 0.09 seconds to knock down 4 dominoes, and you are trying to find out how long it will take to knock down 8 dominoes, you can see that 8/4=2, so you need to multiply 0.09 times 2 to get your answer, which is 0.18 seconds.
Answer:
its 133
Step-by-step explanation:
50 fits into 6650 133 times. u cant show a pic but if you know division, its easy.
Hi!
Add the student together to get the number of students
10+4 = 14
Divide the girls by half
4/2 = 2
2/14 is the answer for this question.
<em>Hope this helps! Have an amazing day <3</em>
<em />
Answer:
x= 0 , 
, 
Step-by-step explanation:
Given, equation is ![\sqrt[3]{15x-1}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B15x-1%7D)
+ ![\sqrt[3]{13x+1}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B13x%2B1%7D)
= ![4\sqrt[3]{x}](https://tex.z-dn.net/?f=4%5Csqrt%5B3%5D%7Bx%7D)
. →→→ (1)
Now, by cubing the equation on both sides, we get
( + )³ = ()³
⇒ (15x-1) + (13x+1) + 3×× ( + ) = 64 x.
⇒ 28x + 3×× () = 64x.
(since from (1), + = )
⇒ 12× × (![\sqrt[3]{x}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7Bx%7D)
)= 36x.
⇒ 3x = ![\sqrt[3]{(15x-1)(13+1)(x)}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B%2815x-1%29%2813%2B1%29%28x%29%7D)
.
Now, once again cubing on both sides, we get
(3x)³ = ()³.
⇒ 27x³ = (15x-1)(13x+1)(x).
⇒ 27x³ = 195x³ + 2x² - x
⇒ 168x³ + 2x² - x = 0
⇒ x(168x² + 2x -1) = 0
⇒ by, solving the equation we get ,
x = 0 ; x = ; x =
therefore, solution is x= 0 , ,
