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My name is Ann [436]
3 years ago
5

What percent of 88 is 33?

Mathematics
1 answer:
Ostrovityanka [42]3 years ago
7 0

Answer:

37.5

Step-by-step explanation:

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NEED HELP ASAP PLEASE
olga nikolaevna [1]

Answers:

  • interest = $75
  • balance at maturity = $3075

=============================================================

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

---------------

In short, you deposit $3000 into the CD and have to wait 3 months for the amount to update to $3075.

7 0
3 years ago
75.072 divided by 9.6
Reil [10]

Answer:

7.82

Step-by-step explanation:

I solved it

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