Answers:
- interest = $75
- balance at maturity = $3075
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Explanation:
The simple interest formula is
i = p*r*t
where in this case,
- p = 3000 = principal (amount deposited)
- r = 0.10 = annual interest rate in decimal form
- t = 3/12 = 0.25 = number of years
So,
i = p*r*t
i = 3000*0.10*0.25
i = 75 is the amount of interest earned
This adds onto the initial deposit to get the final balance when the CD matures (ie when you're able to withdraw the money without penalties)
The balance at maturity is p+i = 3000+75 = 3075 dollars
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In short, you deposit $3000 into the CD and have to wait 3 months for the amount to update to $3075.
Answer:219
Step-by-step explanation:
Answer:
a = 1.5
b = 1.75
Step-by-step explanation:
First, we need to solve 
and replace the result in the initial equation as:
Then, this equality apply only if the coefficient of 
is equal in both sides and the constant is equal in both sides.
It means that we have two equations:
So, using the first equation and solving for a, we get:
Finally, replacing the value of a in the second equation and solving for b, we get:
Answer:
Option A, As x increases, the rate of change exceeds the rate of f
Solution
1) <span>Simplify <span><span>−5n−4n</span></span> to <span><span>−9n</span></span>
</span><span><span>−9>−9n
</span></span>
2) <span>Divide both sides by <span><span>−9</span></span>
</span><span><span>1<n
</span></span>
3) <span>Switch sides
</span><span><span>n>1</span></span>
