2 years ago

Whats type of account has a fixed interest rate, a term and a fixed date of withdrawal? *

1 answer:

ozzi2 years ago

7 0

Answer:

A CD, or certificate of deposit, is a type of savings account with a fixed interest rate that's usually higher than a regular savings account, a fixed term length and a fixed date of withdrawal, known as the maturity date. You lock up funds in a CD for a term generally between three months and five years.

Step-by-step explanation:

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7-ounce package costs $2.59. A 12 ounce package costs $4.56. An 18 ounce package costs $6.30. Which package is the best buy?

Yanka [14]

Answer:

18 ounce package for $6.30

Step-by-step explanation:

For each one, you divide the money by the package to see how much it is per ounce.

2.59 / 7 = $0.37 per oz

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3 years ago

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Ad libitum [116K]

Answer:

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Step-by-step explanation:

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At a rate of 4%, you paid $144.00 in interest over a two-year period. What was the original amount of your loan?

baherus [9]

Principal is the same as original amount.
1. You convert the rate % to a decimal number. (divide by 100) 

2. Substitute: 

P = 144 / (.04 x 2) 

3. Solve: 

P = 144 / .08 
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4. Your answer is $1,800

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3 years ago

Select the correct answer.

morpeh [17]

Answer:

The answer is B

Step-by-step explanation: Hope this helps

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2 years ago

Which equation is true for the value x = 15?

boyakko [2]

The third one because 2(15+5)=2(20)=40

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