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:
B, 24 (second answer choice)
Step-by-step explanation:
4r+7s=23
r-2s=17
8r+14s=46
7r-14s=119
15r=165
r=11
11-2s=17..........by putting value of r in ii
-2s=17-11
2s= -6
s= -3
3r+3s=3*11+3(-3) you get this by putting values of r and s
=33-9
=24 (B)
Answer:
slope intercept form
Step-by-step explanation:
that's what ax + by = c is
<h2><u><em>xoxo, </em></u></h2><h2><u><em>your highness...</em></u> </h2>
Answer: 180 people
I hope i helped you! I wish you luck on the test!
Answer:
Downwards
Step-by-step explanation:
