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Klio2033 [76]
3 years ago
14

Maxwell purchased $15,000 worth of 52-week T-Bills for $14,650. What will be the rate of return on his investment?

Mathematics
1 answer:
Ket [755]3 years ago
5 0

Answer:

2.39%

Step-by-step explanation:

Maxwell bought $15,000 worth of 52-week T-bills for $14,650

Therefore the rate of return on investment can be calculated as follows

= 15,000-14,650/14,650× 100

= 350/14,650 × 100

= 0.02389 × 100

= 2.39%

Hence the rate of return on this investment is 2.39%

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Step by step please help answer.
sweet-ann [11.9K]

Answer:

(2) 2,640 ft

Step-by-step explanation:

I'm going to assume that in this question, you are walking 1 full circle around the reservoir. That would mean you need to calculate the circumference of the circular reservoir.

The circumference formula is:

C = ⫪d

C stands for Circumference

d stands for diameter

I will use 22/7 instead of pi, so the formula looks more like this:

C = (22/7)(d)

The diameter is 840 feet, so we will substitute the variable d with 840:

C = (22/7)(840)

You can plug this part into the calculator, but by hand, it'll look something like this:

(22/7)*840 = (22*840)/7

18,480/7 = 2.640

Hope it helps (●'◡'●)

5 0
3 years ago
A jewelry sells gold and platinum rings. Each ring is available in eight styles and is fitted with one of ten gemstone
katrin [286]

Answer: There are 160 different rings.

Step-by-step explanation:

The question is missing, i guess you want to know the number of different rings that the jewelry has:

For the material we have 2 options.

For the stile we have 8 options

For the gem we have 10 options.

Now, the total number of possible combinations is equal to the product of the number of options for each selection, this is:

Combinations = 2*8*10 = 160

4 0
3 years ago
What is the simplified value of the exponential expression 64 1/3?
notka56 [123]

Hi there!  

»»————- ★ ————-««

I believe your answer is:  

4

»»————- ★ ————-««  

Here’s why:  

⸻⸻⸻⸻

  • I am assuming that the fraction is supposed to be the exponent.  

⸻⸻⸻⸻

64^{\frac{1}{3}}\\--------\\\rightarrow \text{Recall the exponent rule: } a^{\frac{m}{n}}=(\sqrt[n]{a})^m\\\\\\\rightarrow \sqrt[3]{64}\\\\\rightarrow  \boxed{4}

⸻⸻⸻⸻

»»————- ★ ————-««  

Hope this helps you. I apologize if it’s incorrect.  

3 0
3 years ago
The selling price is $750. The rate of the sales tax is 5%. How much is the sales tax?
ElenaW [278]

Answer:

37.5

Step-by-step explanation:

Selling price= 750

Sales tax= 5%

5/100 because we are looking for 5% ot of 100%

750*0.05

5 0
3 years ago
Find the vertex of y = x^2 – 2x – 15
svet-max [94.6K]
The vertex is ( 1, -16 ).
7 0
3 years ago
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