1. A CD in the financial sense is
(1 point)
O a certificate of deposit
O a checking account
a record of your transactions
O a small sarings account
2. When calculating interest earned on a CD, you (1 point)
O multiply the principal by the interest rate
Omultiply the principal by the interest rate and time
O use an online calculator
O multiply the principal by time

Answers

Answer 1

Answer:

  1.  a certificate of deposit

  2.  multiply the principal by the interest rate and time

Step-by-step explanation:

1. A CD is a savings vehicle called a "Certificate of Deposit." It generally specifies a certain rate of interest for a given period of time. It usually carries an interest penalty for early withdrawal.

__

2. The interest on a CD is calculated the way it is calculated for any other investment. The amount of interest in a given time is the product of the principal, the interest rate, and the time period. Interest on a CD with a period of more than 1 year is generally compounded. (The compounding interval will be part of the terms of the CD agreement.)

Answer 2

A certificate of deposit, When calculating interest earned on a CD and multiply the principal by the interest rate and time

What is Finance?

Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.

A CD in the financial sense is a certificate of deposit.

When calculating interest earned on a CD, you multiply the principal by the interest rate and time.

This is because interest on a CD is usually compounded, meaning it is added to the principal balance over time and earns interest itself.

The formula for calculating the total amount earned on a CD is:

[tex]Total amount = Principal \times (1 + Interestrate)^T^i^m^e[/tex]

Where the interest rate is expressed as a decimal and Time is the number of years the CD is held.

Hence, a certificate of deposit, When calculating interest earned on a CD and multiply the principal by the interest rate and time

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Related Questions

A food truck sells tacos $1.25 a piece. The truck operator earned $360.00 last night.
How many tacos did the food truck sell last night?
28.8 tacos
288 tacos
300 tacos
2.88 tacos

Answers

Answer:

288

Step-by-step explanation:

Each taco is 1.25 dollars and you are trying to figure out how many tacos he sold to do this we make an equation.

Step 1

1.25 x = 360

x =is the amount of tacos sold.

Step 2

1.25 x = 360

/1.25      /1.25

to get x on its own we need to cancel out the 1.25 so we dived because it was multiplied to the x. we did the same on the other side to balance the equation.

Step 3

x = 288

we now need to identify what x is, we can see it is 288. If we trade x for what it means it is then this is your answer  the amount of tacos sold=288

i hope this helps ;)

para calcular el tanto por ciento de una cantidad tengo que​

Answers

Answer:

Your answer is: Use the percentage formula: P% * X = Y  

Step-by-step explanation:

Hope this helped : )  

Su respuesta es: Utilice la fórmula de porcentaje: P% * X = Y

Espero que esto haya ayudado :)

-1 1/3 divided (-1.6)

Answers

Answer:

0.8333125

Step-by-step explanation:

Answer:

0.83

Step-by-step explanation:

Country A is ten to the third power times greater than Country B. Country A has a population of 230,000,000. What is the population Of Country B. Help Pls

Answers

hi! I am confident that the answer is 230,000 because if country A is 10^3 times greater it would have to be 230,000,000 divided by 1,000 since 10^3=1,000. Hope this helps


here is the equation I used: A=10^3+B

Suppose that your boss must choose four employees in your office to attend a conference in Jamaica. Because all 12 of you want to go, he decides that the only fair way is to draw names out of a hat. What is the probability that you, Charles, Margaret, and Sean are chosen?

Answers

Using the combination formula, it is found that the probability that you, Charles, Margaret, and Sean are chosen is:

[tex]p = \frac{1}{495}[/tex].

What is the combination formula?

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by:

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

In this problem, 4 people will be chosen from a set of 12, hence the number of ways to choose them is:

[tex]C_{12,4} = \frac{12!}{4!8!} = 495[/tex]

The desired combination is only one, hence the probability is:

[tex]p = \frac{1}{495}[/tex].

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g The average lifespan for a certain type of vehicle is 8 years and follows an exponential distribution. A lot contains 200 of these vehicles, brand new. What is the probability that 50 or more of them fail in the first 2 years

Answers

Answer:

The probability is [tex]P(A \ge 50 ) = 0.14321[/tex]

Step-by-step explanation:

The average life span is  [tex]\pi = 8[/tex]

The sample size is n =  200

Generally we are told that average lifespan for a certain type of vehicle follows an exponential distribution

i.e  

             [tex]X \~ \ \ \ exp(8)[/tex]

Gnerally the probability distribution function for exponential distribution is

       [tex]f(x) = \left \{ {{\lambda * e^{-\lambda * x }\ \ \ x\ge 0 } \atop {0 \ \ \ \ \ \ \ \ \ \ x < 0}} \right.[/tex]

Now [tex]\lambda[/tex] is the  constant which is evaluated as

      [tex]\lambda = \frac{1}{\pi}[/tex]

=>   [tex]\lambda = \frac{1}{8}[/tex]

=>   [tex]\lambda = 0.125[/tex]

Generally the that the vehicles will fail in less than 2 years is  mathematically represented as

         [tex]P(X \le 2 )= p= \int\limits^2_0 {\lambda e^{- \lambda * x} } \, dx[/tex]

        [tex]P(X \le 2 )= p= [ {0.125 * - \frac{1}{0.125 } e^{- 0.125 * x} } ]|\left 2 } \atop {0}} \right.[/tex]

       [tex]P(X \le 2 )= p= [ {0.125 * - \frac{1}{0.125 } e^{- 0.125 * 2} } ] - [ {0.125 * - \frac{1}{0.125 } e^{- 0.125 * 0} } ][/tex]

     [tex]P(X \le 2 )= p= -0.77880 + 1[/tex]

     [tex]P(X \le 2 )= p= 0.2212[/tex]

Generally the probability that the vehicle will fail in the first 2 years follows a binomial  distribution  with the mean evaluated as

         [tex]\mu = n * p[/tex]

=>      [tex]\mu = 200 * 0.2212[/tex]

=>      [tex]\mu = 44.24[/tex]

The standard deviation is

       [tex]\sigma = \sqrt{np(1 - p)}[/tex]    

      [tex]\sigma = \sqrt{200 * 0.2212 (1 - 0.2212)}[/tex]  

      [tex]\sigma = 5.86[/tex]

Using normal approximation of binomial  distribution the  probability that 50 or more of them fail in the first 2 years is mathematically represented as

   [tex]P(A \ge 50 ) = 1 - P(A < 50 )[/tex]

Applying continuity correction

    [tex]P(A \ge 50.5 ) = 1 - P(A < 50.5 )[/tex]

Here

    [tex]P(A < 50.5 ) = P(\frac{A - \mu }{\sigma} < \frac{50 - 44.24}{5.87} )[/tex]

Generally  

       [tex]\frac{A - \mu }{\sigma} = Z (The \ standardized \ value \ of A )[/tex]

=> [tex]P(A < 50.5 ) = P( Z < 1.0664 )[/tex]

From the z-table the probability value  of  ( Z  <  1.0664   ) is  

     [tex]P( Z < 1.0664 ) = 0.85679[/tex]

So  

   [tex]P(A \ge 50 ) = 1 - 0.85679[/tex]

=> [tex]P(A \ge 50 ) = 0.14321[/tex]

The Valdez family bought a Blu-ray player on sale. The original price was $120. They received a 12% discount. How much did the Valdez family pay for the Blu-ray player after the discount?​

Answers

Answer:

$105.60

Step-by-step explanation:

I think...

Using the Smith's BBQ Report, liquor sales for both weeks account for approximately what percentage of beverage sales for both weeks?
A 50%
B 40%
C 30%
D 20%

Answers

It’s a because of the beverage percentages

Answer:d

Step-by-step explanation:

Will mark brainliest

Answers

Answer: The third option

y = -6 + 2√6 ÷ 5    and   y = -6 - 2√6 ÷ 5

Plz mark brainliest:)

The answer should be 3

What is 0.4 as a decimal

Answers

Answer: 0.40 and 40%

Answer:

40%

Step-by-step explanation:

A 7,000-seat theater is interested in determining whether there is a difference in attendance between shows on Tuesday evening and those on Wednesday evening. Two independent samples of 25 weeks are collected for Tuesday and Wednesday. The mean attendance on Tuesday evening is calculated as 5,500, while the mean attendance on Wednesday evening is calculated as 5,850. The known population standard deviation for attendance on Tuesday evening is 550 and the known population standard deviation for attendance on Wednesday evening is 445. Which of the following is the value of the appropriate test statistic?A. z = -2.4736B. z = 2.4736C. tdf=−2.4736D. td f=2.4736

Answers

Answer:

A. z = -2.4736

Step-by-step explanation:

n1 = 25

n2 = 25

x1 = 5500

x2 = 5850

Sd1= 550

Sd2 = 445

Null hypothesis

μ1 - μ2 = 0

Alternate

μ1 - μ2 != 0

Pooled variance = ((25-1)*550²)+((25-1)*445²)/25+25-2

= 7260000+4752600/48

= 250262.5

Pooled sd = √250262.5

= 500.26243

Test statistic

Z =

5500-5850+10/500.26243*√1/25+1/25

= -2.47357 approximately

-2.4736

Is the function even, odd, or neither?

Answers

Answer:

The function is neither even or odd

Step-by-step explanation:

a maple tree shades an area of 7 1/2 m square. in the scale drawing, the maple tree shades an area of 12 1/2 cm square. in the scale drawing how many square centimeters represents 1 m squared

Answers

The number of centimeter squares in the scale drawing for each 1 m squared is 1.67.

What is Scale factor?

The scale factor is a type of measurement which is used to increase or decrease the size of an object keeping its shape as the same. It can be determined by taking the ratio of the new and the original dimension of the object.

Given that,

The area shaded by a maple tree is 7(¹/₂) m².

And, the area shaded in scale drawing is 12(¹/₂) cm².

The required  number of square centimeters can be found by dividing the two areas as follows,

12(¹/₂) / 7(¹/₂)

= (25/2)/(15/2)

= 25 / 15

= 5 / 3

= 1.67

Hence, the number of centimeter squares in the scale area is 1.67.

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Suppose your cell phone plan charges a fixed rate of $10 per month plus 7 cents per minute. Create a table that shows the relationship between the total number of minutes you might use each month, m, and your total monthly cell phone bill, t.

Answers

Create a table =10t+7m

Felipe has a flower bed

Answers

Answer:

man thats cool

Step-by-step explanation:

LoL guess Pelipe is happy

Which are removable discontinuities?
x = -2
x = -2 and x = 0
x = 0 and x = 4
x = -2, x = 0, and x = 4

Answers

Answer:

C

Step-by-step explanation:

Got it right on eng

Answer:C

Step-by-step explanation:

Calculate 3cm ,4cm, 10cm and 2cm

Answers

Answer:

19cm

Step-by-step explanation:

(chose one way)

1. way using commutativity

(3cm+4cm)+(10cm+2cm)=7cm+12cm=19cm

2. way just writing

3cm+4cm+10cm+2cm=19cm

Shelton mixed one 1/4 cups of purple cabbage into 3/8 cups of lettuce to make a big salad each day he eats 3/4 of a cup of salad which expression shows how many servings salad Shelton has?

Answers

Answer:[tex](1\frac{1}{4} + 2\frac{3}{8} ) / \frac{3}{4}[/tex]

Step-by-step explanation:

A number is equal to the difference of four times the number and 18

Answers

Answer:

X = 4x-18

Step-by-step explanation:

X = “a number”^^

One side of a triangle is half the longest side. The third side is 10 meters less than the longest side. The perimeter is 45 meters. Find all three sides.
m (smallest value)
m
m (largest value)

Answers

2x+x+2x-10 = 45

2x+x+2x-10 = 55

5x = 55

X=11

Smallest - 11 m
Largest - 22 m
3rd side - 12 m

3y + 7 - y = 5 + 2y + 2

Answers

hope this makes sense and that it is correct

final answer is all real numbers
Simplify the initial equation and the rest is basic math, hope this helps!!

peter ​says, "If you subtract 11 from my number and multiply the difference by -2​, the result is -26." What is Peter's number?

Answers

Answer:

24

Step-by-step explanation:

Reverse

-26/-2= 13

13+11=24

Check

24-11=13

13×-2= -26

I beleive the answer is 7.5 because -26 plus 11 = -15 then -15 divided by -2 = 7.5

this is probably wrong I didnt do it on paper

I need the right answers pls and tysmmm

Answers

Answer:

It's 21, you are correct!!

Step-by-step explanation:

what is the equation of the line for figures G and
H

Answers

Answer:

B = C + (C - A) = (51/50 + 51/50 - 2, 457/50 + 457/50 - 9) = (1/25, 232/25).

Step-by-step explanation:

what is the area of 5in and 1 1/3

Answers

It’s 5.333333333333333

How many solutions does this equation have? 5 + 2(3 + 2x) = x + 3(x + 1) *

One Solution
Infinite Solutions
No Solutions

Answers

Answer:

no solutions

Step-by-step explanation:

Hi there!

Here is an answer:

[tex]5 + 2(3 + 2x) = x + 3(x + 1)\\11+4x=4x+3\\11=3,\;wrong[/tex]

Hope this helps)

Have a nice day!

4(x - 2 + y) =4(x−2+y)=4, left parenthesis, x, minus, 2, plus, y, right parenthesis, equals

ill put in 50 brainly points

Answers

Answer:

x=4 and y=2

Step-by-step explanation:

The correct equation is,

⇒ y = - x + 3

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

We have to given that;

The expression is,

⇒ 4 (x - 2 + y) = 4

Now, Simplify the expression as;

⇒ 4 (x - 2 + y) = 4

⇒ x - 2 + y = 4/4

⇒ x - 2 + y = 1

⇒ x + y = 1 + 2

⇒ x + y = 3

⇒ y = - x + 3

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Can someone help me find the coordinate??

Answers

Answer:

(2,4)

Step-by-step explanation:

Midpoint =

[tex]( \frac{x_1+x_2}{2} \frac{y_1 + y_2}{2} )[/tex]

Endpoint :

[tex]x = \frac{x_1 + x_2}{2} \\ y = \frac{y_1 +y _2}{2} [/tex]

The answer is (2, 4)
Have a nice day

What is 5 to the second power

Answers

it is basically asking what is 5 squared which is 25!!

Answer:

25

Step-by-step explanation:

5 times 5

5x5=25

hope this helps

What is the solution of a - 3 = -7

Answers

Answer:

-4

Step-by-step explanation:

take -3 to other side or        add 3 to both sides

So, a=-7+3

       =-4

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