A bank pays simple interest at the rate of 5% per annum on all deposits. Interest is credited to the account quarterly on March 31st, June 30th , September 30th and December 31st, based on the minimum quarterly balance for that period. If a person opens an account with a deposit of $ 40,000 on January 1st. They then make a withdrawal of $ 3,000 on 10th June. If there were no further transactions (deposits or withdrawals), how much interest will be credited to the account on December 31st. ​

Answers

Answer 1
Balance Jan 1 = $40000
Interest Mar 31 = 40000 x 5% = $2000
Balance Mar 31 = 40000 + 2000 = $42000
Withdraw Jun 10 = $3000
New balance = $39000
Interest Jun 30 = 39000 x 5% = $1950
Balance Jun 30 = 39000 + 1950 = $40950
Interest Sep 30 = 40950 x 5% = $2047.50
Balance Sep 30 = 40950 + 2047.50 = $42997.50
Interest Dec 31 = 42997.50 x 5% = $2149.88 rounding up to nearest cent

Related Questions

when we went shopping I had $15 i lent $5 and spen $8 then borrow $12 from down at the end did I have money in my purse or did I owe money how much​

Answers

You have 14 dollars so you would owe on dollar

Answer:

Step-by-step explanation:

Find the exact value​

Answers

Answer:

yrdfcghftfc 6

Step-by-step explanation:

jhfbvnhjyffvb

PLEASE HELP ME ITS ALGEBRA THANK YOUUUU

Answers

Answer: 2,208$

Step-by-step explanation:

To solve this problem, simply determine how much each attendee costs by doing 960$/30attendees = 32$/attendee.  Then, simply multiply this number by 69 to get: 2,208$

Hope it helps :) and let me know if you want me to elaborate further.

Angle ABC measures 35 and angel BAC meausures 115

Answers

Answer:

a. 115 degrees

b. 35 degrees

c. 30 degrees

Step-by-step explanation:

Write the equation of the line , in slope - intercept form , with following information : rate of change: -1 point : (3, - 3)

Answers

Answer:

y = -x

Step-by-step explanation:

Slope-intercept form looks like this: y = mx + b, with m being the slope or rate of change and b being the y-intercept. We already know the rate of change, so we can put -1 as m: y = -1x + b. To find our y-intercept, we can plug the point (3, -3) into the equation and solve for b:

-3 = -1(3) + b

-3 = -3 + b

b = 0

So we have y = -1x + 0. This can be simplified to y = -x.

Solve for the values of x for each of the following exponential equations and inequalities.
1. 82− = 2
3. 5 = 25−2
4. 3+2 ≥ 27
5. 43 = 8−1

Answers

Answer:

8

2−x

=2

8^{2-x}=8^{1/3}8

2−x

=8

1/3

2-x=\dfrac{1}{3}2−x=

3

1

x=\dfrac{5}{3}x=

3

5

2.

(\dfrac{1}{2})^{x}<\dfrac{1}{8}(

2

1

)

x

<

8

1

(\dfrac{1}{2})^{x}<(\dfrac{1}{2})^{3}(

2

1

)

x

<(

2

1

)

3

x>3x>3

3.

5^x=25^{x-2}5

x

=25

x−2

25^{x/2}=25^{x-2}25

x/2

=25

x−2

\dfrac{x}{2}=x-2

2

x

=x−2

\dfrac{x}{2}=2

2

x

=2

x=4x=4

4.

3^{x+2}\geq273

x+2

≥27

3^{x+2}\geq3^33

x+2

≥3

3

x+2\geq3x+2≥3

x\geq1x≥1

5.

4^{3x}=8^{x-1}4

3x

=8

x−1

2^{6x}=2^{3x-3}2

6x

=2

3x−3

6x=3x-36x=3x−3

3x=-33x=−3

x=-1x=−1

Step-by-step explanation:

Please help!!!
I need help finding the answer.

Answers

Answer:

2nd option

Step-by-step explanation:

The shaded area = outside area - inner area

                           = x² - (x - 6)² ← expand using FOIL

                         = x² - (x² - 12x + 36) ← distribute parenthesis by - 1

                        = x² - x² + 12x - 36 ← collect like terms

                        = 12x - 36

For this function: f(x)=I-3x-1I
find each of the following:
a. f(-1)
b. f(0)
c. f(3)

Answers

Step-by-step explanation:

a. f(-1)=(3-1)

=2

b.f(0)=(0-1)

=-1

c.f(3)=(-9-1)

=-10

Please help me solve questions 10 & 11 (WILL MARK BRAINLY)!!!!!!

Answers

Answer:

10 c 100 b 1000 D 8888 A 2337

(Pre calc) I only need to do part A i would love to have some help I will make it 120 Points

Answers

Answer:

The domain should be X

Step-by-step explanation:

I'm a bit unsure but I think it's correct

Class 6 MATHS is this correct? ​

Answers

Answer:

yes it is correct great job

What is one of the distinctions between a population parameter and a sample statis- tic? A. A sample statistic changes each time you try to measure it, but a population parameter remains xed. B. A population parameter changes each time you try to measure it, but a sample statistic remains xed across samples. C. The true value of a sample statistic can never be known but the true value of a population parameter can be known. D. A population parameter is only based on conceptual measurements, but a sam- ple statistic is based on a combination of real and conceptual measurements.

Answers

Answer:

jaiana jsijejeren8sninsun9nsuns

Also if I can I give brainiest answer to first person


10. A stockbroker charges his customers $30 to open an account and
$15 per month to manage the account. Write an equation to represent the
number of months, n, an account has been open if the total cost is $360.





Answers

Answer:

the answer is 22

the equation is 30 + 15n

Step-by-step explanation:

15n as it increases each month and 30 as it never changes and will always be a value of 30

Answer:

15n+30=360

Step-by-step explanation:

$15 per month is being charged

The flat fee is $30

The Total cost is 360

15n+30=360

Find the distance from point A(15,−21) to the line 5x+2y = 4 . Round your answer to the nearest tenth.

Answers

Answer:

5.4 units

Step-by-step explanation:

5x + 2y - 4 = 0 and (15, - 21)

d = |(A*Px)+(B*Py)+C| / (sqrt A^ + B^2)

A=5, B=2, C= - 4 and Px=15, Py= -21

d =|(5*15)+(2*-21)+ -4| / (5^2 + 2^2)

= |75-42-4| / sqrt 29

= 29/sqrt 29 = 5.4

Given matrices A and B shown below, find (3)A+(8)B.

Answers

Answer:

[tex]\left[\begin{array}{ccc}32&-55\\3&39\end{array}\right][/tex]

Step-by-step explanation:

[tex]\left[\begin{array}{ccc}0&-15\\3&15\end{array}\right] +\left[\begin{array}{ccc}32&-40\\0&24\end{array}\right] =\left[\begin{array}{ccc}0+32&-15+(-40)\\3+0&15+24\end{array}\right] = \left[\begin{array}{ccc}32&-55\\3&39\end{array}\right][/tex]

HELPPPPP I NEEED TO GET A GOOD GRADE OR I'M BUSTEDDDDDDDD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

(MATH)

I WILL GIVE BRAINILEST! PIC DOWN BELOW!!

Answers

Answer:

D) -31

Step-by-step explanation:

use PEMDAS

3^2-(5 x 2^3)

3^2-(5 x 8)

3^2-40

9-40

-31

please help with finding the midpoint

Answers

Answer: (-4, -6)

Step-by-step explanation:

Find the middle so find the averages of the x points and the y points

average of -6 and 2 is -4

average of -8 and -4 is -6

the point is (-4, -6)

If a bag contains 16 red, 4 yellow, 20 blue, and eight white balloons, what is the part to whole ratio of red balloons to all balloons?

Answers

Answer:  1:3

Step-by-step explanation:

(add) 16 + 4 + 20, + 8 = 48.

Then simplify 16:48 = 2:6 = 1:3

Hope this helped, have a great day/night!

~IFoundJiminsLostJams~

You have at most $20 to spend at an arcade. Arcade games cost $0.75 each, and snacks cost $2.25 each. Write an inequality that represents the numbers of games (x )you can play and snacks( y) you can buy.
The inequality is ??

Answers

Answer:

y ≤ -1/3x+80/9

Step-by-step explanation:

(1). 0.75(x)+2.25(y) ≤ 20

0.75 - Number of arcade games (X).

2.25 - Number of snacks (Y).

20 - The total.

(2). 0.75x+2.25y≤20

(After multiplying the x's and y's together, with the numbers).  

(3). 0.75x (-0.75x) + 2.25y ≤ 20 (-0.75x)

(Subtract -0.75x to each side, which allows the equation to get closer to the answer).

(4). 2.25y       -0.75x + 20

   ————   =   ————

    2.25            2.25

(Divide by 2.25 to each side).

(5). y ≤ -1/3x + 80/9

(The result and the inequality).

The cost of making a cake is $9. The Baker wants to make a profit of $ 9 per cake and the cake is to be cut into 36 pieces, what is the selling price of each piece?

Answers

$9+$9=$18
36/18= 0.5
Each piece= $0.50

Answer:

$0.50

Step-by-step explanation:

Given

Cost price = $9

Selling price of the cake is:

$9 + $9 = $18

Selling price of each piece:

$18/36 = $0.50

Calculate the area of the shape below. Give your answer in cm².​

Answers

Answer:

area of the shape below is

53cm^2

.......

Solve for c.

-2.2 - 0.1c = -1.9

Answer: c = _____

Answers

Answer:

c = -3

Step-by-step explanation:

-2.2 - 0.1c = -1.9

-0.1c = 0.3

c = -3

Hopefully this helps!

Brainliest please?

Select the correct answer.
An archway is modeled by the equation y = -2x2 + 8x. A rod is to be placed across the archway at an angle defined by the equation x − 2.23y + 10.34 = 0. If the rod is attached to the archway at points A and B, such that point B is at a higher level than point A, at what distance from the ground level is point B?

A.
8 units

B.
6 units

C.
5 units

D.
3 units

Answers

Answer:

D. 3 units

Step-by-step explanation:

after you add you get a another number you make a another unit and get your answer or you can get the answer of the another number and add it to together.

that what I think it is

If 400 kids went to the amusement park and only 120 came back how many got lost?

Answers

Answer:

280

Step-by-step explanation:

400 - 120=280

280= number of children lost

_
Write 0.34 as a fraction using the steps below.

Answers

Answer:

31/90

Step-by-step explanation:

3.1 x 10 = 31 which is the numerator

9x10 = 90 which would be the denominator

Answer:

It would be 17/50 hope that helps

ANSWER PLEASE !!!!!!

Answers

Answer:

B= 40 degress

Step-by-step explanation:

1x+ 5xc /3xc = 40

In a circle L, M, N are the points on the circle forming a triangle with LM = LN and mZMLN is 35' then what is m(arc LN)?​

Answers

Answer:

145°

Step-by-step explanation:

ΔLMN is isosceles with angle L being 35°.

Angle  measure of M and N is same:

m∠M = m∠N = 1/2(180 - 35) = 72.5

Arc measure is twice the intercepting angle, since the angle is not central:

mLN = 2*72.5 = 145

I need help with this please

Answers

Answer:

23 isnthe anseeerjfhdhvdvd hdjdbbe

In Canada, 92% of the households have televisions.
72% of households have televisions and internet access.
5% have neither. Use appropriate probability notation to answer the following:

A) create a relative frequency table of this situation.

Answers

Answer: Let "T" denote households with television

"I" denote households with internet

and "N" denote households with neither of these.

Since P(N) = 0.05 then it means P(TuI) = 0.95. We know from set theory that P(TuI) = P(T) + P(I) - P(TnI). Thus,

0.95 = 0.92 + 0.72 - P(TnI) ==> P(TnI) = 0.69. This means P(T/I) = P(T) - P(TnI) = 0.92 - 0.69 = 0.23, and P(I/T) = P(I) - P(TnI) = 0.72 - 0.69 = 0.03. So,

a)

House                 Probability

Nothing                0.05

Only television      0.23

Only internet         0.03

Both                   0.69

b) P(internet but no television) = P(only internet) = 0.03

c) P(internet | there is television) = (By Bayes' Rule) P(TnI) / P(T) = 0.69 / 0.95 = 0.726 (rounded to 3 decimal points)

d) P(internet | there is no television) = (By Bayes' Rule) P(I/T) / P(T') = 0.03 / 0.08 = 0.375

e) From (c) and (d) ==> In Canada, it is (0.726/0.375 ≈ 2 ) twice more likely that if there's television in the household, then there is internet.

Step-by-step explanation:

pls help i’m so confused

Answers

Answer:

I think your answer is i

Step-by-step explanation:

The rotational symmetry would be letters i

The letter with rotational symmetry is i

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