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jwbri
25.07.2019 •
Mathematics
Select from the drop-down menus to correctly complete each statement. rectangle abcd can be mapped onto rectangle ehgf with a translation of followed by a dilation centered at the origin with a scale factor of .
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Ответ:
Ответ:
Ответ:
Answers:
interest = $75balance at maturity = $3075Explanation:
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 formt = 3/12 = 0.25 = number of yearsSo,
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.