Answer:
Fernando invested $ 5000 on the 5-year CD and $ 4000 on the 18-month CD.
Step-by-step explanation:
Since Fernando invested money in a 5-yr CD (certificate of deposit) that returned the equivalent of 3.3% simple interest, and the invested $ 1000 less in a 18-month CD that had a 2% simple interest return, if the total amount of interest from these investments was $ 945.00, to determine how much was invested in each CD the following calculation must be performed:
3.3 x 5 = 16.5
2 x 1.5 = 3
4000 x 0.165 + 3000 x 0.03 = 750
6000 x 0.165 + 5000 x 0.03 = 1140
5000 x 0.165 + 4000 x 0.03 = 945
Therefore, Fernando invested $ 5000 on the 5-year CD and $ 4000 on the 18-month CD.
Answer:
125
Step-by-step explanation:
15+10=25
15x10=150
150-25=125
Multiply .029 and 46. Add the product to 46.
Answer:
-2
Step-by-step explanation:
If you have any questions about the way I solved it, don't hesitate to ask ;)
Answer:
Think of y = mx + b,
With y = x + 3, m = 1 so the slope is one, and b = 3 which is the y-intercept, so plot the point (0,3) on the y-axis.
To find the next point to plot go up 1 and over to the right 1 because slope is rise over run.
With y = x, the slope is still 1, but there is no y-intercept, so you plot the point (0,0), and to find the next point on that line, go up 1 and over the right 1 because m=1
