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

Answers

Answer 1
35 I think it might be right
Answer 2

The value after one year will be $535.

What is interest?

Interest, in its most simple form, is calculated as a percent of the principal. For example, if you borrowed $100 from a friend and agree to repay it with 5% interest, then the amount of interest you would pay would just be 5% of 100: $100(0.05) = $5.

Interest is most often reflected as an annual percentage of the amount of a loan. This percentage is known as the interest rate on the loan. For example, a bank will pay you interest when you deposit your money in a high-yield savings account.

given:

amount= $500

interest rate = 7% on 3-year certificates of deposit.

So, after one year  the value will be

=500 x 7% + 500

=500 x 0.07 + 500

= 35 + 500

= $535

Hence, the value will be $535.

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Related Questions

Help!! Me!! Please!!

Answers

Answer:

2-4/2R2=X.X=2

Step-by-step explanation:

mark brainliest plz

deeper than 32.

wrong or right?

!!!!!!!!!!!PLEASE ONLY ANWSER NUMBER 4!!!!!!!!!!!!!!!!! ( 20 points )
Three shipping companies want to compare the mean numbers of deliveries their drivers complete in a day.
The first two shipping companies provided their data from a sample of drivers in a table.

Company C showed its data in a dot plot.


Answer the questions to compare the mean number of deliveries for the three companies.

1. How many drivers did company C use in its sample?

2. What is the MAD for company C's data? Show your work.

3. Which company had the greatest mean number of deliveries?

4. Compare the means for companies A and B. By how many times the MAD do their means differ? Show your work.

Answers

Answer:

The means differ by 4 times the MAD.

Step-by-step explanation:

I may be missing something, but this is how I interpret it.

The mean number of deliveries for company A is 6, and the mean for company B is 14. Lastly, the mean absolute deviation (MAD) for both companies is 2.

[tex]14-6=8\\8\div2=4[/tex]

The means differ by 8, and that is 4 times the MAD, so the means differ by 4 times the MAD.

Find −3(−1.25). You may find using a number line to be helpful. −3(−1.25) =

Answers

Answer:3.75

Step-by-step explanation:

3x1=3, 3x0.25=0.75 3+0.75=3.75, it’s positive because you’re multiplying 2 negatives

Answer:

3.75 is the answer I think

Step-by-step explanation:

Do you mean solve it? If so then thats my answer I simplified it.

Aaliyah wants to buy an air fryer from Target. The wholesale price is $85. Target wants to markup the price by 15%. How much more will Aaliyah pay for the air fryer?

Answers

Answer:

$97.75

Step-by-step explanation:

15% of 85

15/100 x 85 = 12.75

85 + 12.75 = 97.75

Answer:

$12.75 in mark-up tax

multiply $85 times the 15%

it should be $12.75 then add to $85 your answer will be

Aaliyah will pay $12.75 more for the air fryer.

Step-by-step explanation:

:D u welcome

please help me you have to put these in orrder

Answers

Answer:

[tex]9^{x}[/tex] = 9 (With x as 1) [tex]3^{x}[/tex] = 3 (With x as 1) [tex]x^{3}[/tex] = 1 (With x as 1)

Step-by-step explanation:

With x = 1, we can substitute the value 'x' as the exponent. Answers are below.

=> [tex]9^{x}[/tex] = [tex]9^{1}[/tex] = 9=> [tex]3^{x}[/tex] = [tex]3^{1}[/tex] = 3=> [tex]x^{3}[/tex] = [tex]1^{3}[/tex] = 1

First = 9
Second =3
Third= 1

1) Use the number line to help you answer this question.


Describe the location of |-3 ¼ | on a number line in reference to zero. Type your response to this prompt in the space provided below.

Answers

Answer:

Step-by-step explanation:

So sorry but I do t see a number line. Maybe try adding in an image next time

ASAP!!! A proportional relationship is shown in the table below. X: 0 0.3 0.6 0.9 1.2 Y: 0 1 2 3 4 What is the slope of the line that represents this relationship? Graph the line that represents this relationship.

Answers

The slope is 3/10, and just graph 2 points ( so like .3,1 and .9,2) and just use Desmos to figure out the line using the y=3/10x+3.64 and just type it in
the slope is 0 if it goes across

I don't get how to explain the rigid motions. Can somebody please help me.

Answers

Answer:

The triangle moved from the points, (-4, 4), (-4, 1), (-1, 1), and (-4, 4) to the points (3, 3), (0, 3), (0, 1) and (3, 3) without. changing shape or size.

You could say, "The triangle rotated 180° and translated 4 x-values(?) to the right"

Honestly im in high school and I dont even know how they work. Just copy from the person above me^^

(BRAINLIEST IF CORRECT ANSWER) When you roast coffee, it loses 12% of its weight. How much fresh coffee do you need to order to get 14 2/25 lb of roasted coffee?

Answers

Answer:  16 pounds

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

Explanation:

14 & 2/25 = 14 + 2/25 = 14 + 0.08 = 14.08

The mixed number 14 & 2/25 is the same as the decimal 14.08

The goal is to end up with 14.08 pounds of coffee.

Let x be the starting amount of coffee, in pounds. It will decrease to 14.08 pounds.

We start with x and decrease by 12%. So we are computing this expression

x - 12% of x = 1x - 0.12x = (1-0.12)x = 0.88x = 88% of x

We can see that if we lose 12%, we keep the remaining 88%

The 0.88x is the final weight.

Set 0.88x equal to the goal of 14.08 and solve for x.

0.88x = 14.08

x = (14.08)/(0.88)

x = 16

You'll need to start off with 16 pounds of coffee if you want to end up with 14.08 pounds after losing that 12%

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

Check:

12% of 16 = 0.12*16 = 1.92

16 - 1.92 = 14.08

The answer is confirmed.

You need to order approximately 4.15 pounds of fresh coffee to get 14 2/25 pounds of roasted coffee after accounting for the 12% weight loss during roasting.

To find out how much fresh coffee you need to order to get 14 2/25 lb of roasted coffee, you'll need to account for the 12% weight loss during the roasting process.

Let's assume "x" represents the amount of fresh coffee (in pounds) you need to order. When this fresh coffee is roasted, it will lose 12% of its weight, leaving you with 100% - 12% = 88% of the original weight as roasted coffee.

Now, set up a proportion to find "x":

(88/100) * x = 14 2/25 lb

First, convert the mixed number 14 2/25 to an improper fraction. It becomes (364/25) lb.

Now, solve the equation for "x":

(88/100) * x = 364/25

To eliminate the fraction, you can multiply both sides of the equation by the reciprocal of (88/100), which is (100/88):

x = (364/25) * (100/88)

Now, simplify the expression:

x = 4.15 lb (rounded to two decimal places)

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Which answer choice shows the number 5.16×10−3 in standard form?
A)0.00516
B)0.000516
C)5160
D)51600

Answers

Sorry guess I don’t know then

A, because it’s 10 to the power of -3 so you move the decimal 3 places up and put zeros in the empty spots.

Help I don’t understand this

Answers

Step-by-step explanation:

So lets just say the recipe calls for 1 cups flour to 2 cups sugar, if you use 4 cups of flour how many cup would you need of sugar? well you would * 2 by the same amount you multiplied to get 4 cups of flour. so you would need 4 cups flour and 8 cups sugar!

I hope this helps you understand

What is the slope of a line that contains the points, (2x, y) and (x, 37)

Answers

Answer:

I think it's 1/2 but I haven't done a problem like this in awhile so I'm not sure

Use the formula (y2-y1)/(x2-x1) to get the answer, which would be y-37/x in this case

In a lab, a substance was cooled by 20 C over a period of 10 hours at a constant rate. What was the change in temperature each hour?

Answers

Answer:

[tex]\frac{2 degrees}{1 hour}[/tex]

Step-by-step explanation:

So we have [tex]\frac{20degrees}{10hours}[/tex] we can simplify this into [tex]\frac{2 degrees}{1hour}[/tex]

write



7⁴
2⁶
1⁴
10²
3⁴
4⁵
10⁴
All in standard form

Answers

Answer:

5*5

6*6*6

9*9

7*7*7*7

2*2*2*2*2*2

1*1*1*1

10*10

3*3*3*3

4*4*4*4*4

10*10*10*10

Step-by-step explanation:

An exponent is a number or letter written above and to the right of a mathematical expression called the base. It indicates that the base is to be raised to a certain power.

Have a great day! <3

The model shows the addition expression 18 + 12.

A model containing 3 rows of 6 orange squares and 3 rows of 4 blue squares.

One expression that is equivalent to this sum is
.

Answers

Answer:

It's simple.

Step-by-step explanation:

now since you solved some of it, 18 + 12 = 30 An expression that is equivalent to this sum is 30.

Answer:

3(6+4)

Step-by-step explanation:

What additional information is required to prove the triangles are congruent using AAS?
Since vertical angles are congruent assume:

Answers

Step-by-step explanation:

what does it mean to I ain't like that you're going to get that thing in the front what does it mean to have a correlation in a scatter plot

The answer is B

There is already a side given and we assume that vertical angles are congruent leaving you with only needing 1 more angle to make AAS(angle-angle-side).

Which graph shows the correct solution to the inequality below?

Answers

Answer:

Third Option

Step-by-step explanation:

3x + 18 > 6x - 9

We have to find the value of x for this

Subtract 18 from both sides to leave 3x alone

3x > 6x - 27

Subtract 6x from both sides to be able to find the value of x

-3x > -27

Divide by -3 on both sides

x > 9

The answer would be the third option, since X is anything greater than 9

The second one is the answer

Need help with slope practice

Answers

Answer: C

Step-by-step explanation: It is C because the x values are going by 1s and the y values are going by 5s

c bc the x is increasing by ones, while the y is increasing by 5’s

4n^4•2n^-3
Your answer should only contain positive exponents

Answers

The answer is 8n. You can get this answer by multiplying the 4 and 2 first to get 8, then since the bases are the same (both bases are n) you can just add the exponents to get 1. Since n^1 is just n, the answer would be 8n
8n
I had the same question

Given f(x) = 3x+5 and g(x) = -8x-10
A) Find f(x)+g(x)
B) Find f(x)-g(x)
C) Find f(x)*g(x)
D) Find f(x)/g(x)
E) Determine which of the above are polynomials.

Answers

Answer:

Option A

Step-by-step explanation:

[tex]\frac{F (x)3x + 5 }{g (x) 2 (x +5) }[/tex]

The answer is a I think

hey you can help help pls pls help help me

Answers

Answer:

A.)

Step-by-step explanation:

HOPE IT HELPED:)!!

Answer:

2

Step-by-step explanation:

(3/4)/(3/8) =

(3/4) x (8/3) = 2/1 = 2

Hope this helps!

Could somebody please help me find the answers for 'x' for these pictures?
**Please let me know which one you solved along with the answer**

Answers

Answer:

Pic 1: [tex]x=31[/tex]

Pic 2: [tex]x=20[/tex]

Step-by-step explanation:

Picture 1:

[tex]2x+x-3=90\\3x-3=90\\3x=93\\x=31[/tex]

First, add the 2x and x together for 3x

Then add 3 to both sides of the equation

Finally, divide each side by 3.

Picture 2:

[tex]7x+x+20=180\\8x+20=180\\8x=160\\x=20[/tex]

First, add 7x and x together for 8x

Then, minus 20 from both sides of the equation

Finally, divide each side by 8.

Step-by-step explanation:

First picture

We can make an equation with this

2x+x-3=90

3x=93

x=31 degrees

Second picture

We can make and equation

7x+x+20=180

8x=160

x= 20

Hellppp meeeeeee PLEASEEEEE-&:&:

Answers

-8.5 feet above sea level

Twice the sum of a number and 11 is 34.

What is the number?

Answers

Answer:

Twice the sum of 11.5 and 11 is 34.

Step-by-step explanation:

Twice the sum of a number and 11 is 34.

This implies the equation:

2x+11=34 -> Solve for X.

34-11=23.

23/2=11.5

X=11.5

Could also use Desmos calculator for this, in which it would look like:

(Brainliest?) ^^

Twice the sum of a number and 11 is 34 is 2(n + 11) = 34 and the value of n

is  6.

What is a numerical expression?

A numerical expression is a mathematical statement written in the form of numbers and unknown variables. We can form numerical expressions from statements.

Given, Twice the sum of a number and 11 is 34.

Assuming the number to be 'n', so the statement can be numerically expressed as,

2(n + 11) = 34.

2n + 22 = 34.

2n = 12. n = 6.

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The variables x and y vary directly. Use the values to find the constant of proportionality, k . Then write an equation that relates x and y . Write any fractions in simplest form.

Answers

Answer:

k = 9/8

y = 9/8x

Step-by-step explanation:

45/40 = 9/8

To check:

40 * 9/8 = 45

Hope this helps!

what is the value of x? show the workout

Answers

a. 17.5
8x+40=180. *180 cus a trangle is 180 degrees*
8x=140
x=17.5

b. 128
360-154-78=128
minus 360 because 360 is the degrees for circle

c. 30
add them all
4x+60=180 because 180 is the degrees measurement for a line
then solve for x

d. 13.82
add them all
17x-9+52+82=360
17x=235
x=13.82

Find the Surface Area of the composite figure.

Write with the correct unit of measurement, such as 5 cm^2.

Answers

Answer: I think its 64

Step-by-step explanation:

First I split the shapes into 2 then I did one side is 4x6=24 and then I did 8x5 which is the second shape, and is 40 so then I just add hope I got it right if I got it wrong then shame on me.

64 hope this helps :)

Help please T^T i shall give the right answer brainliest

Answers

The answer is D 1.17 x 10^2
Answer:
D.
Step-by-step explanation:
Given
The diameters of Sun and Venus where
Sun=1.4*10^6 km
Venus= 12000km




200 divided by 269 plz help me

Answers

0.74349442379 is the quotient

Step-by-step explanation:

0.7434944238 is the answer

I need help ASAP atleast in the 1 hour rn

Answers

Answer:

x = 2

Step-by-step explanation:

6 (x+2)

6x+12

rewrite the equation:

6x = 12

divide 6 on both sides:

6x over 6 divided by 6 over 12 =

x = 2

Answer; x is equal to 2
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