Answer: it would be worth $11925 when it matures after 7 years.
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount invested in the CD.
R represents interest rate on the amount invested in the CD.
T represents the duration of the investment in years.
From the information given,
P = $10,000
R = 2.75%
T = 7 years
I = (10000 × 2.75 × 7)/100
I = $1925
Therefore, the worth of the CD in total at the end of 7 years when the CD matures is
10000 + 1925 = $11925
Answer:
40
Step-by-step explanation:
Dominic: 32/80
Eva: 48/80
Freya: 60
32+48+60= 140
P = [60] cm
Explanation:
6.5 cm + 6.5 cm + 7.5 cm + 7.5 cm + 7.5 cm + 7.5 cm + 8.5 cm + 8.5 cm
Answer:
Yes
Step-by-step explanation:
f(x)=3 x-2
y= 3 x-2
x= 3y - 2
3 y -2 = x
3 y -2 + 2 = x + 2
<u>3 y </u> = <u>x </u> + <u>2</u>
3 3 3
<u>3 y </u> = <u>x </u> + <u>2 </u>
3 3 3
y = <u>x </u> + <u>2 </u> replace y with f ^ -1(x)
<em> </em> 3 3
f ^-1 (x) = <u>x</u> + <u>2 </u>
3 3