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
eimsori [14]
3 years ago
14

Suppose Bank One offers a certificate of deposit that pays $5,000 in four years for exchange for $4,000 today. What interest rat

e is Bank One offering?"
Mathematics
1 answer:
vlada-n [284]3 years ago
7 0

Answer:

Bank One is offering a simple interest rate of 6.25% per annum.

Step-by-step explanation:

Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:

(5000 - 4000) / 4 = X

1000/4 = X

250 = X

4000 = 100

250 = X

250 x 100/4000 = X

25000/4000 = X

6.25 = X

Therefore, Bank One is offering a simple interest rate of 6.25% per annum.

You might be interested in
Mikel asked her father how old he is gues the father said I you add the digits that make my age this year you'll get a number th
Alexxx [7]

Answer:

For the sum of the digits of Michelle’s father to drop to 1/3 of its’ former value, the second digit must go from 9 to 0, in one year.

Thus, if he is 39 this year, the sum of the digits of his age will be 12. Next year, when the sum of the digits would be 4+0, or 4, then the digits of his age would be 1/3rd of their former value.

Therefore, he is 39, and will be 40 next year

Step-by-step explanation:

7 0
3 years ago
What is the value of this expression if h<br> = 8,j = -1, and k<br> =<br> -12
Rashid [163]

Answer:

12

Step-by-step explanation:

The given expression is :

\dfrac{j^3k}{h^0}

We need to find the value of this expression when h = 8, j = -1 and k = -12.

Put all the values in the given expression.

\dfrac{j^3k}{h^0}\\\\=\dfrac{(-1)^3\times (-12)}{(8)^0}\\\\=\dfrac{-1\times -12}{1}\\\\=12

So, the value of the given expression is 12.

7 0
3 years ago
Explain how to determine the zeros of f(x)= (x+3)(x-2)(x-6)
Deffense [45]

Answer:

The zeros of f(x)  are -3, 2 , 6

Step-by-step explanation:

f(x) is a polynomial of degree 3.

If the polynomial is not factorized we will either factorize to find the zero or use trial and error method.

Since the f(x) in the question is in the factorized form. we will have to equate each factor to zero.

f(x) = (x+3)(x-2)(x-6)

x + 3 = 0 => x = -3

x - 2 = 0 =>  x = 2

x - 6 = 0 => x = 6

8 0
3 years ago
Whats the product of 6 and<br><br> q
nevsk [136]

Answer:

6q or 6 * q

Step-by-step explanation:

As you do not know what the value of the variable q is, you are essentially changing it from word form to expression form.

"product" in math means multiply, so you are multiplying 6 with q.

6q is your answer.

~

7 0
3 years ago
Read 2 more answers
Simplify the expression where possible. (x 2) 5
zysi [14]
The answer is going to be 10x
7 0
3 years ago
Read 2 more answers
Other questions:
  • In the diagram below ab is parallel to cd what is the value of x
    7·2 answers
  • If I multiplied these binomials (x - 3) + (4x + 2) what would be the final product?
    15·2 answers
  • An open box is to be made from a flat piece of material 19 inches long and 3 inches wide by cutting equal squares of length xxfr
    9·1 answer
  • Can someone tell me everything I need to know before a integer test please
    13·2 answers
  • I need help please anyone help me
    13·1 answer
  • A computer disk that once sold for $2.25 now sells for 25% less. How much does the computer.
    8·1 answer
  • Find the product.<br> √5•3√5
    14·1 answer
  • Y = 2(x + 3)2 – 6<br> Change the vertex form to standard quadratic form
    8·1 answer
  • Again? lol sry...<br><br> :)
    7·2 answers
  • Write the equation of the line in Point-Slope Form given the information below.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!