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

How to do system of inequalities word problem

Answers

Answer:

1.Read the problem and highlight important information.

2.Identify the variables.

3.Find one piece of information in the problem that you can use to write an inequality.

4.Find a different piece of information that you can use to write a second inequality.

1] Read the problem and highlight important information.

2] Identify the variables.

3] Find one piece of information in the problem that you can use to write an inequality.

4] Find a different piece of information that you can use to write a second inequality.

5] Graph both inequalities on a grid. Make sure you use appropriate boundary lines and shade the correct half plane for each inequality.

6] Identify the intersection of the two inequalities and answer the questions that pertain to the problem.

Assignment: Give a detailed response to this prompt. Write MORE THAN 5 sentences. Make sure you are addressing the prompt and stay on topic.PROMPT:Your friend, Susannah, manages a sandwich shop. She collects data on the number of turkey sandwiches sold per day for a week. Explain to her how to find the mean, median, mode, and range of the number of turkey sandwiches sold. How that would be helpful when she orders new turkey sandwich makings? Which measure do you think would be the most helpful for her and why? ​​

Answers

Answer:

In order to find the mean of the sandwich shop you would add all of them up so 73+88+85+88+99+134+129 = 696. Then you divide it by how many days there are which there are 7 days so 696÷7=99.43. To find the median order the number least to greatest, then u count how many numbers are in the set. Count inwards and the median would be 88. The mode is the set of number that is in the problem the most, so in this case the mode would be 88. In order to find the range you subtract the highest number from the lowest number, so 134-73. The range would be 61. The measure that would be most helpful is the median, because it is not affected by the outliers!!

I hope this helped :)

I CANT HELP MY BROTHER SOLVE THIS QUESTION AND I DONT WANT HIM TO CALL ME D*UMB PLZ HELP

Answers

Answer:

yes

Step-by-step explanation:

7 weeks * 7 days per week = 49 days49 days * 2 meals per day = 98 total meals98 meals * 31 grams per meal = 3038 grams after 7 weeks

Answer: Yes, he will meet his goal of eating 3,000 grams of protein in 7 weeks.

Step-by-step explanation: So for the top part your answer is supposed to be 4400.2 grams of protein in 7 weeks. You can get that by adding up the grams of protein for each type of food on the chart. Then you multiply that by 2 to get the amount they will be eating for 1 day which is 89.8. After that, because you have to solve for how much they will be eating for 7 weeks, you will have to multiply 89.9 x 49(days in total). To get you to the answer 4400.2. Now you have your answer for the second part of the problem. Yes, he will meet his goal of eating 3,000 grams of protein in 7 weeks.

10 , 16 , 18 , 15 , 15 , 10 , 23

mean:____________

value differences:
______________


MAD:__________

Answers

Answer:

mean 10+16+18+15+10+23/6

92/6

15.33333......

Mean is 15 add up all the numbers divide them by how many numbers there are which is 7

7/r+2 to the power of 3 +s/3+11

Answers

Answer:

  A, C

Step-by-step explanation:

When terms are added, the result is called a sum. (A)

When values are divided the result is called a quotient. (C)

__

The coefficient of s is 1/3.

The term 2³ is a constant. There is no variable in this term. The "3" is called an "exponent."

Jim sells used drones for 70% of the original manufacturer's purchase price of a new drone.
Jim also sells new drones for 15% more than the manufacturer's purchase price of a new drone. Write a function to to determine the total amount a customer saves if they purchase a used drone rather than a new drone from Jim's store. Let x represent is the manufacturer's
purchase price of the drone.

Answers

Just make the % as a decimal and multiply it with the dron cost




If 4 tickets to a show cost $9, find the cost of 14 tickets.

Answers

Answer:

$31.50

Step-by-step explanation:

You would divide 9/4 which gets you 2.25, then you multiply 14x2.25 to get 31.5

Answer:

31.50

Step-by-step explanation:

We can write a ratio to solve

4 tickets             14 tickets

----------------- = ------------------

9 dollars             x dollars

Using cross products

4x = 9*14

4x =126

Divide each side by 4

4x/4 = 126/4

x =31.50

A. Kim pays $90 for every block of 5 dance classes. What rate can you write to represent this block of classes

Answers

Answer:

more info pls

Step-by-step explanation:

The rate of the block of glasses is, $18.

What is Division method?

Division method is used to distributing a group of things into equal parts. Division is just opposite of multiplications. For example, dividing 20 by 2 means splitting 20 into 2 equal groups of 10.

Given that;

Kim pays $90 for every block of 5 dance classes.

Here, Kim pays $90 for every block of 5 dance classes.

Hence, The rate of the block of glasses is,

⇒ $90 / 5

⇒ $18

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is 0.81 x 8.01 an overestimate?

Answers

All I know is the answer is 6.4881

1/4 times the sum of a number and −3.2 is 1.8

What is the number?

Enter your answer as a simplified mixed number.

Answers

Replace the unknown number as x. You know that (x-3.2)1/4=1.8. Multiply (x-3.2)1/4 by four to cancel out the 1/4 and do the same with 1.8 on the other side. This will leave you with x-3.2=7.2. Add +3.2 to both sides of the equation to cancel out the -3.2 and it leaves you with x=10.4. Your answer is 10.4

The mixed number for the  given case can be obtained as 10²/₅.

How to write a linear equation?

A linear equation for the given case can be written by assuming any variable as the unknown quantity. Then, as per the given data the required operations are done and it is equated to some value.

Suppose the number be x.

Then, the following equation can be written for information given as,

1/4(x - 3.2) = 1.8

It can be solved as,

x - 3.2 = 1.8 × 4

⇒ x = 7.2 + 3.2 = 10.4

It can be written in mixed form as below,

10.4 = 10 + 4/10

⇒ 10 + 2/5 = 10²/₅

Hence, the required number is 10²/₅.

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Help PLEASE ITS DUE TODAY!!!!

Answers

So I’m not going to be able to give a exact answer but I can explain what you need to do. So a dilation is going to be multiplying the number given by the marked points on the graph and then re-graphing them, so since it’s 1/2 you to really just mark all the points but at there halves EX: 4 is now 2. 6 is now 3. So a dilation is just replotting all the numbers at half what they currently are

Cecil the acrobat has a new tight rope routine where he walks to the right 14 feet, performs a 5-foot
backflip twice in a row, and cartwheels forward 8 feet. Where does Cecil’s routine end?

Answers

I think the correct answer is 32 because if you add them together that’s 32
14-5(2)+8
14-10+8
4+8
12 feet

What is the equation of the line that passes through (0, 3) and is perpendicular to y = = x + 5?
5

Answers

D

when you're doing a perpendicular line, you want the exact opposite of your original.

take, for example, a line with a slope of 2. the line perpendicular to it would have a slope of -2.

With a fraction, its pretty tricky. Let's say you have 2/7 as your slope. you want the EXACT opposite so

First, make it negative

Next, flip it around.

You get -7/2 as your slope perpendicular to your original line.

For the point passing through, if x equals 0, y equals your y intercept. your y value is 3 therefore b (y-intercept) equals 3.

For questions that are less simple than a plain y-intercept, (which you are guaranteed to encounter in the future) you simply input the y and x values into your y=mx+b equation.

Say we have an example here of a line with a slope of 4, and it passes through (5,-3). We have to find our B, or y-intercept, so we input the values.

-3=4(5)+b

Now, simplify

-3=20+b

-23=b

Your example equation is now y=4x-23

I hope this helped! please let me know if you have any questions! :)

in which number is the value of the 5 digit ten times greater than the digit 5 in 0.5

A). 7.05

B). 25.1

C). 53.6

D). 124.005

Answers

Answer:

the answer is B

Step-by-step explanation:

I don't know how to explain im sorry

D is the answer I did this one before

What is the solution to this equation?

−1/5 (x + 1 3/4) = −2 1/2


x = 21 1/4

x = 14 1/4

x = 10 3/4

x = 3 3/4

Answers

X= 10 3/4 is the correct answer

**I NEED THIS ASAP THE FIRST PERSON WHO ANSWERS THIS CORRECTLY WILL BE MARKED BRAINLIEST**!!

The equation for this line is y = x + . If she continues the line, she would see that it would take 10 weeks for her cat to lose 5 pounds.

Answers

Answer:

y=1/2x+5

Step-by-step explanation:

find slope

1/2 = 1/2

find y intercept

(0, 5)

insert into equation

y=1/2x+5

Answer: y=1/2x+5

Step-by-step explanation:

Hope it helps

Also please mark Brainliest

HELP HELP

Madie drove 200 miles at a speed of 50 miles per hour. Which equation will help you find the number of hours she was driving?

Answers

Answer:

h = 200/5

Step-by-step explanation:

200/50=h

h=number of hours

PLZ SAVE MEEEEEEEEEEEEEEEEE

Answers

Answer:

I think the answer is 60

Step-by-step explanation:

I am sorry if it s wrong

Answer: 600, because 54,000 divided by 90 is 600

Please answer the picture

Answers

Answer:

-15x + 3

Step-by-step explanation:

expand

3 times -5x = 15x

3 times 1 = 3

Answer:

−15x+3

Step-by-step explanation:

3(−5x+1)

= (3)(−5x+1)

= (3)(−5x)+(3)(1)

= −15x+3

Help!! Me!! Please!!

Answers

Answer:

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

Step-by-step explanation:

mark brainliest plz

deeper than 32.

wrong or right?

Ok i actually need help on this one

Answers

Answer:

y+4 = -1/2( x+3)

=> 4y + 8 = -x -3

=> x+ 4y + 11 = 0

This is the equation of required line ;)

Answer:

Step-by-step explanation:

(8-(2-2))∙9

9

34

72

118

Answers

Answer: 72

Step-by-step explanation:

(8-(2-2))×9

First do (2-2=0)

(8-0=8)

8×9=72

Hope this helps

Answer:

Given;

{8-(2-2)}∙9

⇛{8-(0)}-9

⇛{8-0}.9

⇛8×9

⇛72

Option (c) 72 is your correct answer.

Hope this helps!!

The graph below shows the relationship between the number of ice cubes made and the number of ice trays used:

A graph is shown. The values on the x axis are 0, 1, 2, 3, 4, 5. The values on the y axis are 0, 16, 32, 48, 64, 80. Points are shown on ordered pairs 0, 0 and 1, 16 and 2, 32 and 3, 48 and 4, 64. Only the point on the ordered pair 3, 48 is labeled as A. These points are joined by a line. The label on the x axis is Ice Trays. The title on the y axis is Ice Cubes.

Which statement best describes point A on the graph?

One ice tray makes 32 ice cubes.
One ice tray makes 48 ice cubes.
Three ice trays make 16 ice cubes.
Three ice trays make 48 ice cubes.

Answers

Answer:

Three ice trays make 48 ice cubes.

Step-by-step explanation:

Each point on the y-axis is the amount of ice cubes and each point on the x-axis is each ice tray.

format:

(x, y)

(ice tray, ice cubes)

example:

(3, 48)

(3 ice trays, 48 ice cubes)

example:

(6, 96)

(6 ice trays, 96 ice cubes)

three ice trays make 48 ice cubes

Katelyn has $1200.45 in her checking account. She spent $85.70 on groceries, paid her rent of $1000. Her grandmother sent her a check for her birthday for $85. How much money will be in Katelyn's account at the end of the month?

Answers

Answer:

$199.75

Step-by-step explanation:

Total money she has be x,

→ x = 1200.45 + 85

→ [ x = $1285.45 ]

Katelyn totally spend be y,

→ y = 85.70 + 1000

→ [ y = $1085.70 ]

Money left in Katelyn's account at the end of the month,

→ x - y

→ 1285.45 - 1085.70

→ $199.75

Hence, the money left is $199.75.

x − (−2/3) = 1.06
Enter your answer as a fraction in simplest form.

Answers

Answer:

x = 3.18/2

Step-by-step explanation:

x - (-2/3) = 1.06

x + 2/3 = 1.06

3/2 * 2/3 + x = 1.06 * 3/2

x = 3.18/2

Would it be 39/100? I’m not sure

An item is priced at $13.35. If the sales tax is 8%, what does the item cost including sales tax? You may need to round your answer to the nearest cent.


*First one to answer correctly get brainliest

Answers

$14.42. I think that is the answer cause the sale tax is $1.07
14.58 rounded, multiply price by .08, then add price, pretty simple math

Find the area of the blue shaded region.
Fill in the blank. The blue shaded region is ____ square units

Answers

Answer:

There is no blue shaded regions/ no photo or link

Step-by-step explanation:

Answer: photo or link ?

Which of the following numbers is between - 3/4 and 5/8 ?

Answers

Answer:

I believe that the answer is -1/2

Step-by-step explanation:

The number which falls under the inequality -3/4 < x < 5/8 is when x = -1/2

The correct answer is Option D.

Given data:

The number x is between -3/4 and 5/8.

So, the inequality is -3/4 < x < 5/8.

When comparing fractions, we consider their relative positions based on their magnitudes. Starting from the left, -3/4 represents a point closer to negative infinity, followed by -1/2, and then 5/8, which is closer to positive infinity.

Visually, imagine the number line where -3/4 is to the left, 5/8 is to the right, and -1/2 is positioned between them. Since -1/2 is greater than -3/4 and less than 5/8, it falls within the specified range. The choice -1/2 satisfies the condition and can be identified as the number between -3/4 and 5/8.

Hence, the number is x = -1/2.

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The complete question is attached below:

Which of the following numbers is between - 3/4 and 5/8 ?

A) -1

B) 7/8

C) 0.9

D) -1/2

helpppppppppp you will get 100 points

Answers

Answer:

3. 2 + 10x < 90

4. 5(9 + a) ≤ 29

5. x + 6 < 102

6. 6 + x > 102

7. 7x - 1 > 8x - 4

8.  Sorry. I don't know this one :(

9. 3x - 16

10. Sorry. I don't know this one :(

11. 10(x + 2) > 90

12. 66 ≤ x/7 + 7

13. Sorry. I don't know this one :(

14. 2x² + 5

15. x³ - 16

16. (x + 6)/2 ≥ -12

17. x/2 + 6 > -12

18. 9x - 4 < 5 + 3x

19. Sorry. I don't know this one :(

20. 9 + 5x ≤ 29

Step-by-step explanation:

Hoped this helped.

this looks very hard i hope someone helped you

Solve for x.
3/5 (x − 7/10)= −3 1/4
Enter your answer as a mixed number in simplest form.

i miswrote this the first time it was 7/10 not 7 1/0

Answers

Answer:

3x/5 - 367/100

Step-by-step explanation:

Hey there!

I believe your answer would be:

X= -4 43/60
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