Nick Bolger kept $1,200 on deposit for six months in a three-month money market account that pays simple interest. For the first 3 months, the account paid 2.5% annual interest. For the next 3 months, an annual interest rate of 2.15% was paid. What total interest did Nick earn for the six months?

Answers

Answer 1

Answer:

13.95

Explanation:

Given that :

Principal amount = 1200

Simple interest rate paid :

r = 2.5% ; period = first 3 months

r = 2.15% ; period = next 3 months

Simple interest (1st three months) :

Monthly rate = 2.5% / 12 = 0.0020833

2nd three month = 2.15% / 12 = 0.0017916

Interest = principal * rate * time

Interest (1st three months) = (principal * rate * time)

Interest = (1200 * 0.0020833 * 3)

= 7.49988

Interest = (2nd three months) = (principal * rate * time)

Interest = (1200 * 0.0017916 * 3)

= 13.12479 * 3)

= 6.44976

Total interest : ( 7.49988 + 6.44976)

= 13.94964

= 13.95


Related Questions

Why do power plants DO NOT use permanent magnetics?

Answers

Answer:

Magnets do not have energy

Explanation:

They can only control it.

Brainlist so I can rank up please.

Which material has taken the place of many other materials over the last 100 years?


wood

ceramic

metal

plastic

Answers

Answer:

Plastic

Explanation:

just did the reading

Answer:

d

Explanation:

for the lazy people

____________________________________________ help scientists understand processes in the natural world by providing simpler representations of those processes.

Answers

Answer: Models

Explanation:

Models is your answer

The mathematical study of two dimensional shapes in known as

Answers

The mathematical study of two dimensional shapes is known as geometry

Answer:

Geometry

Explanation:

Geometry is the mathematical study of size, shapes and planes. Part of geometry is the different dimensions as they are represented by axises. A two-dimensional figure is drawn on the x- and y-axises, and a three-dimensional figure is drawn on the x-, y-, and z-axises.

Hope this helped

Chemical compounds that are created by a string of smaller repeating units are ______ .

Answers

Answer:

The correct approach will be "Polymer". Explanation: A polymer, because it has a very broad molecular structure, seems to be a class or kind of organic solid. It is indeed a material consisting of long sequences, or monomers, of simplified components.

Answer:

polymers

Explanation:

for the people who dont like to read

a buyer can purchase 70 screwdrivers ten 4-inch length twelve 6 inch length twenty 8-inch length are needed. how many heavy 24-inch screwdrivers can be bought to the obtain the total of 70 screwdrivers

Answers

Answer:

28 , 24-inch screwdrivers

Explanation:

The total number of screwdrivers that can be purchased is = 70

4 - inch length screwdrivers = 10

6- inch length screwdrivers = 12

8- inch length screwdrivers = 20

Total = 20 +12 +10 = 42

Remaining = 70-42 = 28

So, heavy 24-inch screwdrivers = 28

can high throttle torque tend to open the throttle plate

Answers

Answer:

no

Explanation:

Why is hardwood "hard" and softwood "soft"? What do those names refer to?

Answers

Hard wood is gritty and soft wood is smooth wood , because they have different texture

Answer:

In general, hardwood comes from deciduous tree's which lose their leaves annually. Softwood comes from conifer, which usually remains evergreen.

Explanation:

Convert A'B'C'D' + A'B'C'D + A'B'CD' + A'BC'D + AB'C'D' + AB'C'D+ AB'CD' to SOP form

Answers

Answer:

thats really hard how could you answerthis hhhhhhh

Just put on dofferent order take off the sighn

What is the correct order for the first three steps of the engineering design process?

Answers

Answer:

1 - Define the problem

2. Do background Research

3 - Specify the requirements needed to fix/solve/complete the task at hand

Hope this helps!

Explanation:

1. The problem must be know before anything can be done

2. Do background Research to find if this issue has been solved or what can be done to solve it

3 - Find the requirements needed to fix the issue (ex. Size of replacement part)

The three main step of the engineering design process includes define the problem, develop ideas and optimize the design solution.

An engineering design process refers to series of steps that engineers usually follow to find a solution to a problem.

The main purpose of engineering design process is to apply uniform scientific knowledge to the solution of technical problems.

The three main step of the engineering design process includes:

define the problemdevelop ideasoptimize the design solution.

Read more about engineering design process

brainly.com/question/411733

Which of the following is an example of a new and emerging job in the green economy?(Brainliest for who answers)
Santos is an electrician who does a lot of wiring work for a nearby wind farm.
Annalise is a plumber who has learned to plan and install water-efficient piping networks.
Raymond does sales and marketing for a supplier of renewable construction materials.
Fergie is a consultant specializing in deriving commercial power from waves and tides.

Answers

Answer: Fergie is a consultant specializing in deriving commercial power from waves and tides.

Explanation:

The green economy the economy that has the goal of minimizing environmental risks while aiming for the sustainable development of the economy without having a negative effect on the environment.

According to the Bureau of Labor Statistics, some categories of Green Jobs are Water conservation, environmental remediation, wind energy, solar power, energy auditors, recycling etc.

Out of the options given in the question, an example of a new and emerging job in the green economy is option D "Fergie is a consultant specializing in deriving commercial power from waves and tides".

The wheel and axle is a special type of:

inclined plane
wedge
lever
screw

Answers

Special type of leverl
Special type of level help it helps

Genetic engineers insert genes for desirable traits into a cell of an existing organism. What is the term for this process?
A.
transgenesis
B.
profiling
C.
fingerprinting
D.
cloning

Answers

Answer:

A. transgenesis

Explanation:

Transgenesis is the process of introducing a gene (referred to as a transgene) from one organism into the genome of another organism. The aim is that the resulting transgenic organism will express the gene and exhibit some new property or characteristic.

How many atom are in Caci2 • 2H2O

Answers

Answer:

Nine

Explanation:

Chlorine Cl 2

Calcium Ca 1

Hydrogen H 4

Oxygen O 2

pls brainlist

When you an angle you divide it into two equal part s

Answers

????
I don’t understand...

Answer:

Bisect

Explanation:

PLS HURRY!!!
Look at the image below

Answers

Answer:

1.) Aerospace

2.) construction

3.) Energy

Explanation:

the first on has to do with navigation systems which you would use on planes

The second has to do with the structure of a home which only construction builders would know if a house is in good condition or not

The third one has to do with Energy because he is measuring in meters for with and accuracy( also just because I know I'm right on the other ones so if that's the last one to answer than that's the answer >:3)

I'm a genius!!!

You were recently hired by the Andrews CEO as a consultant to evaluate the performance of the Chief Financial Officer (CFO). As part of that process, you interview the CFO's direct reports (employees). Although they indicate that the CFO is technically competent, one individual told you stories about the CFO's verbal abuse with employees. Given this information, what would be the most effective next step in the process?

Answers

Answer: Collect more information about the extent to which this reported behavior is impacting others

Explanation:

The options are:

a. Collect more information about the extent to which this reported behavior is impacting others.

b. Tell the CEO about what you have uncovered and ask for her permission to speak about it with the CFO.

c. Focus on the CFO’s work performance since his personal behavior is inappropriate in the workplace.

d. Inform the human resources department that there is a potential problem.

Given the information provided in the question, the most effective next step in the process will be to collect more information about the extent to which this reported behavior is impacting others. This will be vital in determining whether what is being said about the Chief Financial Officer is true or not and also to know if true, whether it has an affect on the performance of affected employees in the organization.

Option B is wrong as telling the CEO right away isn't the next step as adequate information must be gathered first.

Option C is also wrong as the focus shouldn't be on his work in the organization alone. His personal behavior should be addressed as well if he's wrong. A great organization is made up of great individuals with good behaviors.

Option D is also wrong as the next step should not be to inform the human resource.

Therefore, the correct option is A.

Why is the face of the claw on a claw hammer usually a smooth curve? Why isn't it straight or some other shape?

Answers

Answer:

The face of the claw on the claw hammer is usually a smooth curve so as to improve the ease with which nails are removed when removing nails because as the nail held between the V shaped split claw is being pulled out from the wood, it slides more and more towards cheek, reducing the distance of the nail from the cheek which is the fulcrum, thereby increasing the mechanical advantage because the location of the hand on the grip remains unchanged

Explanation:

How does the start function make your programs easier to understand?

Answers

Explanation:

All of the commands you wish to execute must go inside of the start function, between the curly braces.

What is the primary source of electrical energy to the
vehicle while it is running?
CPU Power System
Battery System
Charging System
Starter System

Answers

Answer:

Explanation:

Its the "charging" system. It consists of an alternator (which is similar to an electric motor only in reverse. It is powered by a rubber belt which is connected to a pulley on thd engine. When the engine is running, it turns the belt which turns the pulley on the alternator.) Inside the alternator is a part called a regulator which controls thd voltage that is output to the battery.

Awnser All for 100 points !!!!!

1. Explain why cardan -type u-joints on a driveshaft must be within 1/2 a degree working angles?
2. What makes a constant velocity joint able to transmit engine torque through an angle at a constant velocity?
3. What type of grease must be used in CV joints?
4. Name two types of CV joints.
5. List two items that should be checked when inspecting a drivehaft.
6. List the steps necessary to measure driveshaft u-joint working angles.
7. Describe how to replace a cardan-type u-joint.
8. Explain the proper steps to perform when replacing a cv joint.
9. Explain how to determine a rear axle ratio without removing the housing cover.
10. Describe how to perform a ring gear tooth contact pattern test.

Answers

Explanation

What is the angle of the driveshaft.

Relative angles are IMPORTANT more important than absolute angles. You say that your trans is 1 degree off of horizontal and the rearend is 4 degrees off of horizontal. If the driveshaft is 2-3 degrees off of horizontal, then both U-joints are working at a 1-2 degree angle and they will cancel each other out, all is well. If you have one U-joint at zero and the other at three, or worse 1 the other way and 6 at the rear, your life will suck.

That reminds me, I really don't like to see U-joint angles of over 4 degrees under any circumstances. Which is why sometimes you need to point the pinion down instead of up, so the U joint angles are complementary even though the absolute angles are screwy.

The key is, you want both U-joints to be working at close to the same angle as each other.

Zachary finished an internship as a Software Quality Assurance Engineer. For which job is he best qualified?

A large computer firm needs someone to answer customers’ questions about its products.
A software development firm needs someone to find and fix bugs on multiple computer platforms.
A website development firm needs someone to find and fix coding errors in its work.
A network systems firm needs someone to create and maintain multiple databases.

Answers

Answer:

B. A software development firm needs someone to find and fix bugs on multiple computer platforms.

Explanation:

A software quality assurance engineer is someone who monitors every phase of the software development process so as to ensure design quality, making sure that the software adheres to the standards set by the development company. Finding bugs would make this intern a amazing bug finder

The answer is b hope it helps

Ronny owns a paper manufacturing company. He intends to turn the manufacturing waste into good use. What should he do?
Ronny must use a type of bacteria that feeds on the _____ and produce a by-product called ____ ,which can be burned as a fuel.

Answers

Answer:

the answer to this question is sulfur liquor, methane

Explanation:

Which qualities does an Interactive Media worker need when creating video conference or other multimedia projects for customers?

ability to keep secrets and information private
leadership and motivational skills
creativity for developing ideas and designs
knowledge of how to set up databases

Answers

Answer: I'm sorry I'm late but it really is C.) creativity for developing ideas and designs. And I hope that everyone is having a bless safe day and God and Jesus love you and so do I <3 !.

Creativity for developing ideas and designs qualities an Interactive Media worker need when creating video conference or other multimedia projects for customers. The correct option is C.

What is Interactive Media?

Interactive media is a kind of communication where the user's inputs influence the program's outputs and the program's outputs are dependent on the user's inputs.

In a nutshell, it refers to the various ways that individuals gather, organise, and disseminate information.

Interactive media incorporate other information technologies such as telephone, television, digital (binary) data, memory storage, and computers.

Training program, video games, electronic encyclopaedias, and travel guides are some of their most popular uses.

When designing video conferences or other multimedia projects for clients, an interactive media professional needs creativity for coming up with concepts and designs.

Thus, the correct option is C.

For more details regarding interactive media, visit:

https://brainly.com/question/21333773

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The power button on the EEJP600 supplies power to the
leads?
True
False

Answers

Answer:

trueeeeee

Explanation:

4. Set the height of the cutting tool tip
a. against the workplace.
b. at the center of the workpiece.
c. slightly above the center of the workpiece
d. slightly below the center the workplece.

Answers

Answer:

D

Explanation:

ANSWER ASAP
What is the point system?
this is for driving

Answers

Answer:

A point system assigns point values to traffic violations for each state. When the DMV receives a conviction notice from the court, the offense is entered on your driving record and points are assigned. These points are counted during a specified time period.

Explanation:

Which of the following is an example of a pulley?

clock gears
wheelbarrow
door knob
flagpole

Answers

Answer:

Door knob

Explanation:

When the knob on one side of the door is turned, the shaft retracts the spring-loaded latch that holds the door closed. Without the knob in place, more force would be needed to turn the shaft and retract the latch.

That is the correct answer

Select the correct answer from each drop-down menu.
James is a building contractor and needs to decide at what depth he should lay the foundation. What information will he require?
James would have to determine the ( materials to be used, number of workers available, load bearing capacity of the soil)
and the (design of the building, availability of machines,amount to be spent)
to decide at what depth he should lay the foundation.

Answers

Answer:

James would have to determine the LOAD BEARING CAPACITY OF THE SOIL  and the DESINGH OF THE BUILDING to decide at what depth he should lay the foundation.

Explanation:

An argument in science is most like a _______________________________.a. competition b. debate c. fight d. yelling match

Answers

Answer:

B. debate

Explanation:

An argument in science is most like a debate.

An argument in science is most like a debate. The correct option is b.

What is debate?

Debate is presenting different viewpoints on a single topic. Debates are done to increase the knowledge of the topic, and debates are done to see the different aspects of a topic.

An argument in science is more likely to give a hypothesis on a single phenomenon. Many scientists give different hypotheses on a single phenomenon. Some are correct, are some are disapproved.

Fight or yelling may be a disagreement between two or more people. They yell at each other and fight with each other. This is not related to science. A match is referring to a sport or competition between two teams for a sport. A debate is correctly matched with an argument in science.

Thus, the correct option is b. debate.

To learn more about the debate, refer to the link:

https://brainly.com/question/17067133

#SPJ2

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