Hello! Sorry this is a little late, but hopefully it can help others who visit this question!
I believe the answers would be "approaches y = 0" and "increases without bond".
I can confirm these answers are 100% correct!
Hope this helped :)
It is trueee....... hope this helps
Answer: B= 11
Step-by-step explanation:
I think the correct answer from the choices listed above is option A. The statement that determines how many batches of cookies he can make would be that he <span> can make fewer than 13 batches of cookies. Hope this answers the question. Have a nice day.</span>
6% or 0.06 is the simple interest rate the bank pays him.
<u>Step-by-step explanation:</u>
Sir Ving Spoon earned $5,436 on his $7,550 certificate of deposit.
From this given information,
It can be determined that the Principal amount is $7550 and the interest amount is $5436.
The CD is for 12 years. Therefore, the number of years is 12.
<u>To find the interest rate (r) :</u>
Using the simple interest formula,
Interest = P×r×t
where,
- P is the principal amount = $7550
- r is the rate of interest.
- t is the number of years = 12
⇒ 5436 = 7550 × r × 12
⇒ 5436 = 90600 × r
⇒ r = 5436 / 90600
⇒ r = 0.06
Multiply by 100 to represent in rate %
⇒ r = 0.06 × 100
⇒ r = 6%
∴ 6% or 0.06 is the simple interest rate the bank pays him.
