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2 years ago

11

A bank pays 7% interest on 3-year certificates of deposit. What is the value of a $500 certificate after one year? Give your ans

wer to the nearest cent.

2 answers:

olga2289 [7]2 years ago

7 0

Answer:

35

Step-by-step explanation:

0.07 times 500

tino4ka555 [31]2 years ago

7 0

35 I think it might be right

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Find the measure of the exterior angle. *

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Step-by-step explanation:

✧ $\underline{ \underline{ \large{ \tt{S \: O \: L \: U \: T \: I \: O \: N}}} }:$

Set up an equation and solve for x :

⋆ $\large{ \bf{(4x + 9) \degree = 2x \degree + (3x - 12) \degree}}$ [ Exterior angle is always equal to the sum of two non - adjacent interior angles ]

~Remove the unnecessary brackets

⟶ $\large{ \bf{4x \degree + 9 \degree = 2x \degree + 3x \degree - 12 \degree}}$

~Add the like terms : 2x ° & 3x°

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~Move 4x to right hand side and change it's sign

~Similarly move 12 to left hand side and change it's sign

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⟶ $\large{ \bf{21 \degree = x \degree}}$

⟶ ${ \large{ \bf{x = 21 \degree}}}$

Now , Substituting the value of x in (4x+9)° [ Exterior angle ]

⤿ $\large{ \bf{4 \times 21 \degree + 9 \degree}} = \boxed{93 \degree}$

☥ $\boxed{ \boxed{ \large{ \tt{Our \: Final \: Answer : \boxed{ \underline { \tt{93\degree}}}}}}}$

Hope I helped ! ツ

Have a wonderful day / night ! ♡

❅ Let me know if you have any questions regarding my answer! ❅

☞ $\underline{ \underline{ \mathfrak{Carry \: On \: Learning}}}$ !! ✎

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