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ss7ja [257]
2 years ago
13

Norm has $15,000 to deposit. His daughter is a junior in high school and plans to go to college. Recommend the best way for Norm

to store his money. Note that the interest rates are expressed on an annual basis.
a.
A four-year CD paying 4.8% interest, with a substantial penalty for early withdrawal
b.
An online savings account offering 2.3% interest
c.
A money market account paying 3.5% interest, renewable for three-month commitments
d.
A checking account with no monthly fees
Mathematics
2 answers:
galina1969 [7]2 years ago
6 0

Answer:

A money market account paying 3.5% interest, renewable for three-month commitments.

Nata [24]2 years ago
3 0
<h2>The best way for Norm to store his money is through C. A money market account paying 3.5% interest, renewable for three-month commitments. Even though a four-year CD offers a higher interest at 4.8%, the fact that there is a substantial penalty for early withdrawal is a negative factor for Norm. His daughter needs the money after 2 years since she is already a junior in high school.</h2>

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Number of sides of shape: _5<br>Number of degrees inside:<br>​
Gwar [14]

Answer:

Step-by-step explanation:

The sum of the interior angles of a polygon with n side is

180(n-2)

So, for a polygon with 5 sides the expression is

180\cdot 3 = 540

5 0
3 years ago
The length of a rectangle is shown below:
uranmaximum [27]

Sorry if I get this wrong but if your trying to make a rectangle wouldn't it bc (-3,1) and (1,1)?

6 0
2 years ago
Lazurus Steel Corporation produces iron rods that are supposed to be 36 inches long. The machine that makes these rods does not
Igoryamba

Answer:

Step-by-step explanation:

We would construct a confidence interval.

Confidence interval is written in the form,

(Sample mean - margin of error, sample mean + margin of error)

The sample mean, x is the point estimate for the population mean.

Since the sample size is large and the population standard deviation is known, we would use the following formula and determine the z score from the normal distribution table.

Margin of error = z × σ/√n

Where

σ = population standard Deviation

n = number of samples

From the information given

x = 36.02 inches

σ = 0.1 inches

n = 40

To determine the z score, we subtract the confidence level from 100% to get α

α = 1 - 0.99 = 0.01

α/2 = 0.01/2 = 0.005

This is the area in each tail. Since we want the area in the middle, it becomes

1 - 0.005 = 0.995

The z score corresponding to the area on the z table is 2.58. Thus, confidence level of 99% is 2.58

Margin of error = 2.58 × 0.1/√40 = 0.041

Confidence interval = 36.02 ± 0.041

The lower end of the confidence interval is

36.02 - 0.041 = 35.979 inches

The upper end of the confidence interval is

36.02 - 0.041 = 36.061 inches

Since 36.061 > 36.05, then we would conclude that the machine needs an adjustment.

The formula used is

Confidence interval =

Sample mean ± z × σ/√n

7 0
3 years ago
Which best explains if quadrilateral WXYZ can be a parallelogram?
nekit [7.7K]

A quadrilateral in which opposite sides are parallel is called a parallelogram. The correct option is A.

<h3>What is a parallelogram?</h3>

A quadrilateral in which opposite sides are parallel is called a parallelogram. Thus, a parallelogram is always a quadrilateral but a quadrilateral can or cannot be a parallelogram.

For a parallelogram, the pair of opposite sides are equal and parallel. Therefore,

1.)  For the first pair.

(x+8) = 15

x = 7

2.) For the second pair

(x+2)=(2x-5)

x + 2 = 2x - 5

2 + 5 = 2x - x

x = 7

(x+2) = (7+2) = 9

Since the measure of the pair of opposite sides is 15 units, the pair of the other two sides measure 9 units.

Hence, the correct option is A.

The complete question is mentioned in the below image.

Learn more about Parallelogram:

brainly.com/question/1563728

#SPJ1

7 0
1 year ago
What is a trinomial?
Kay [80]

Answer:

In elementary algebra, a trinomial is a polynomial consisting of three terms or monomials.

7 0
2 years ago
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