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.
The perimeter of a rectangle can be found by dividing the area by one side.
30/6=5
Then, add the sides up and you get the perimeter.
5+5+6+6=22
The answer is 22 inches.
The best answer to go with is b
So first you plug 6 into the equation which is 4(6)-10.
Using PEMDAS, you solve what’s in the parenthesis first and you get 24-10.
24-10=14
f(6)=14
