9514 1404 393
Answer:
$13,916.24
Step-by-step explanation:
First, we need to find the value of the CD at maturity.
A = P(1 +rt) . . . . simple interest rate r for t years
A = $2500(1 +0.085·3) = $2500×1.255 = $3137.50
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Now, we can find the value of the account with compound interest.
A = P(1 +r)^t . . . . . rate r compounded annually for t years
A = $3137.50 × 1.18^9 = $13,916.24
The mutual fund was worth $13,916.24 after 9 years.
Answer:
The function has 2 zeros:
Step-by-step explanation:
When you have a polynomial function, you can identify the grade of the function (the grade is the maximum potency) and this is the number of zeros that the function will have. In this case, you have a second-grade polynomial function that has 2 zeros.
4 times the sum of x and y is:
4(x+y) where you're multiplying the expression x+y four times. the sum of 4 times x and y is: 4x+y where you only multiply x four times and y is left out of the multiplication.
Answer:
(4x+9)-(16x+9) = 4x+9-16x-9
= -12x
