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ss7ja [257]
3 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]3 years ago
6 0

Answer:

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

Nata [24]3 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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When two pipes fill a pool together, they can finish in 5 hours. If one of the pipes fills half the pool then the other takes ov
Alexxandr [17]

♫ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ♫

➷The answer is 18 hours.

Explanation: If you look carefully, you can see that the answer is the second condition as well. If one pipe did half, then the other pipe took over and that took 18 hours, that means that it equals one pipe filling the pool continuously by itself. :)

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3 0
4 years ago
41. Suppose a family drives at an average rate of 60 mi/h on the way to visit relatives and then at an average rate of 40 mi/h o
Afina-wow [57]

Answer:

The answer is below

Step-by-step explanation:

a) Let x represent the time taken to drive to see the relatives and let d be the distance travelled to go, hence:

60 mi/h = d/x

d = 60x

When returning, they still travelled a distance d, since the return trip takes 1 h longer than the trip there, therefore:

40 mi/h = d/(x+1)

d = 40(x + 1) = 40x + 40

Equating both equations:

60x = 40x + 40

60x - 40x = 40

20x = 40

x = 40/20

x = 2 h

The time taken to drive there = x = 2 hours

b) The time taken for return trip = x + 1 = 2 + 1 = 3 hours

c) The distance d = 60x = 60(2) = 120 miles

The total distance to and fro = 2d = 2(120) = 240 miles

The total time to and fro = 2 h + 3 h = 5 h

Average speed = total distance / total time = 240 miles / 5 h = 48 mi/h

5 0
3 years ago
Factoring can only be done with trinomials.<br> Group of answer choices<br><br> True<br><br> False
elena-s [515]

Answer:

True

Step-by-step explanation:

It’s true

4 0
3 years ago
I need help on these problems please
Alik [6]
Alright sure:
Q5: ∠3
Q6: ∠1
Q7: ∠2
Q8: x = 25
Q9: x = 63
For Questions 8 and 9 what I did was find out the supplementary angle adjacent to the exterior angle.
8: 180° in a supp. angle. So 180-105 = 75. To make a triangle it has to be 180°. So 180 - 75-80 = 25 So x=25
9: 180° in a supp. angle. So 180-135 = 45. To make a triangle it has to be 180°. So 180 - 45-72 = 63. So x=63

Let me know if you don't understand that. If you don't get it I'll explain it further for you.
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3 years ago
Write an equation in slope-intercept form, y = mx+b, using the given
likoan [24]

Answer:

y = \frac{-4}{3}x - 15

Step-by-step explanation:

with the point slope form, plug -9 (x coordinate) into x1, -3 (y coordinate) into y2, and -4/3 (slope) into m

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8 0
3 years ago
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