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yan [13]
1 year ago
9

If you withdraw part of your money from a certificate of deposit before the date of maturity, you must pay an interest penalty.

Suppose you invested $6000 in a one-year certificate of deposit paying 8.3% interest. After 6 months, you decide to withdraw $6000. Your interest penalty is 3 months simple interest on the $6000. What interest penalty do you pay? (Round your answer to two decimal places.)
Mathematics
1 answer:
s344n2d4d5 [400]1 year ago
7 0

Answer:

\frac{3}{12} *100=25\\

8,3*0,25=2,10%(2d.p)

Step-by-step explanation:

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A hot air balloon is floating above a straight road. To estimate their height above the ground, the balloonists simultaneously m
san4es73 [151]

Answer:

h=1.99 miles

Step-by-step explanation:

Let's call h the balloon's height above the ground and b the horizontal distance between the balloon and the first milepost.

If the angle of the depression of this milepost is 24 degrees, we can say the following:

tan(24)=\frac{h}{b}

<em>b=\frac{h}{tan(24)}(equation 1)</em>

For the next milepost, the horizontal distance between the balloon and tihs milepost will be (b+1)miles and the angle of depression will be 20 degrees, so we can say the following

tan(20)=\frac{h}{b+1}

b+1=\frac{h}{tan(20)}

b=\frac{h}{tan20}-1

then, replacing from <em>equation 1</em>

\frac{h}{tan(24)} =\frac{h}{tan(20)}-1

1 =\frac{h}{tan(20)}-\frac{h}{tan(24)}

1 =h*(\frac{1}{tan(20)}-\frac{1}{tan(24)})

h=\frac{1}{(\frac{1}{tan(20)}-\frac{1}{tan(24)})}

Resolving, we'll find the value of h

h=1.99 miles

So, the balloon's height above the ground is 1.99miles

4 0
2 years ago
Han’s mother will not let him play outside in the snow until the temperature is above zero. Day High Temperature of Day Thursday
xeze [42]
Saturday is the correct answer. Hopes that helps.
4 0
1 year ago
Read 2 more answers
Alejandro bought $3.50 worth of pencils and erasers at the school store. Pencils cost $0.50 apiece, and erasers cost $0.75 apiec
Natalka [10]
The correct answer is B

6 0
1 year ago
Read 2 more answers
Arnold took out a loan of 195,000 to purchase a home. At a 4.3% interest rate compounded annually, how much total will they have
kolbaska11 [484]

Answer:

25155000

Step-by-step explanation:

<h3>we know intrest (i):-PTR/100</h3>

by formula

  1. <u>195000×30×4.3%</u>

100

2. 5850000<u>×4.3</u>

<u>100</u>

100

3. 25155000

3 0
1 year ago
Pecans that cost $28.50 per kilogram were mixed with almonds that cost $22.25 per kilogram. How many kilograms of each were used
atroni [7]

Answer:

The pecans used in the mixture =  8 kg

The almonds used in the mixture  =  17 kg

Step-by-step explanation:

The cost of per kg of pecans  = $28.50

The cost of per kg of almonds = $22.25

Now, total weight of mixture  = 25 kg

Let us assume the weight of pecans in the mixture   =   m kg

So, the amount of almonds in the mixture  = Total weight - Weight of Pecans

= (25 - m) kg

Now, cost of m kg pecans  = m x ( cost of 1 kg pecans) = m x ( $ 28.50)

                                              =  28.50 m

cost of (25- m) kg almonds  = (25 -m)  x ( cost of 1 kg almonds)

                                                = (25 - m) x ( $ 22.25)

                                                =  556.25  - 22.25 m

Total cost  of 25 kg of mixture  = 25 x ( $24.25) =  $606.25

Now, Total Cost of (almonds  + Pecans)  = Total cost of mixture

⇒28.50 m + 556.25  - 22.25 m  = $606.25

or,6.25 m =  50

or, m = 50/6.25 =  8

Hence, the pecans used in the mixture = m = 8 kg

And the  almonds used in the mixture  = (25 - m) = 25 - 8 = 17 kg

5 0
1 year ago
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