1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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%

You might be interested in
Describe how you can tell that a fraction is reapeating and not terminating
GREYUIT [131]
<span> First, reduce the fraction to lowest terms, e.g. 8/6 = 4/3.

Look at the denominator. Split it into its prime factors. If its prime factors only consist of 2's and 5's, then it will be terminating.

Examples:
16 = 2 x 2 x 2 x 2, so terminating
25 = 5 x 5, so terminating
2000 = 2 x 1000 = 2 x (2 x 5) x (2 x 5) x (2 x 5), so terminating
12 = 2 x 3, so repeating (has prime factor 3, which is not 2 or 5)
13 = 13, so repeating (has prime factor 13, which is not 2 or 5)  Hope this helps!!

</span>
7 0
2 years ago
Use the Product Property for Exponents to explain why x · x = x2.
Lubov Fominskaja [6]

Whenever there is no exponent on a variable,

you can give it an exponent of 1.

So we can rewrite the x's in this problem as x¹.

When we multiply two terms together

with like bases, we add their exponents.

So now just add their exponents to get x².

3 0
3 years ago
Can someone help please!! i’ll give brainliest
vladimir1956 [14]

Answer: f (-2 -5) f (1 4)

Step-by-step explanation:

8 0
3 years ago
Indicate the equation of the given line in standard form. The line through (2, -1) and parallel to a line with slope of 3/4
Ket [755]
Well, for a line with a slope of 3/4, any other parallel line to it, will also have the same slope of 3/4

so if the line through (2, -1) is parallel to it, it has a slope of 3/4 as well

\bf \begin{array}{lllll}&#10;&x_1&y_1\\&#10;%   (a,b)&#10;&({{ 2}}\quad ,&{{ -1}})\quad &#10;&#10;\end{array}&#10;\\\\\\&#10;% slope  = m&#10;slope = {{ m}}= \cfrac{rise}{run} \implies \cfrac{3}{4}&#10;\\\\\\&#10;% point-slope intercept&#10;y-{{ y_1}}={{ m}}(x-{{ x_1}})\qquad &#10;\begin{array}{llll}&#10;\textit{plug in the values for }&#10;\begin{cases}&#10;y_1=-1\\&#10;x_1=2\\&#10;m=\frac{3}{4}&#10;\end{cases}\\&#10;\textit{and move everything}\\&#10;\textit{to the left-hand-side}&#10;\end{array}\\&#10;&#10;\left. \qquad   \right. \uparrow\\&#10;\textit{point-slope form}
7 0
3 years ago
3x - 51y + 24 and 3(x- 17y + 8)
dlinn [17]

Answer:

They are equal if that’s what you’re asking

Step-by-step explanation:

3 0
2 years ago
Other questions:
  • Jerimy factored 144x^2-25as follows:
    12·1 answer
  • IF YOU HELP I'LL MARK AS BRAINLIEST
    5·2 answers
  • Kate borrowed $400 from her friend she will repay this amount plus 3 percent simple interest after one year what is the total am
    9·2 answers
  • I need these THREE questions ANSWERED please!!!! please i really need these done!!!
    13·1 answer
  • QUESTION 16The cost of DVD players has dropped by $20 each year. If a DVD player cost $189 four years ago, how much does it cost
    5·2 answers
  • Please help me all if this or anything you can do thank you
    15·1 answer
  • What is the solution to this equation?<br><br> 0.25 (16x + 12) + 2x = 33
    6·2 answers
  • what is the experimental probability of rolling a 2 what is the theoretical probability of rolling a 2
    6·1 answer
  • The volume of a sphere can be determined by the formula V = 4/3 πr^3, where r is the radius. What is the volume of a sphere with
    6·1 answer
  • Help me please!! I don't know what to do I'm so confused!!!
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!