subject
Mathematics, 28.04.2021 04:40 alexandria3498

Rob bought a 1965 Fender Jazzmaster vintage electric guitar in 1980 for a price of $150. In 2010 it was appraised for $4,200. Suppose $150 was deposited in a variable-rate certifi cate of deposit for 30 years with interest compounded daily. a. If the CD paid 12.3% interest for the fi rst 7 years, what would the balance be after the fi rst 7 years? Round to the nearest cent. b. If the CD paid 6% interest for the next 10 years, what would the balance be after the fi rst 17 years? Round to the nearest cent. c. If the CD paid 4.1% interest for the remaining 13 years, what would the balance be after 30 years? Round to the nearest cent. d. What is the difference between the appraised value of the guitar and the amount the original $150 would have earned in the CD?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
Find the value of a. the diagram is not to scale. a quadrilateral is drawn. the upper and lower sides are parallel. the interior angle in the upper left corner is labeled a degrees. the angle in the upper right corner is labeled 113 degrees. the angle in the lower right corner is labeled b degrees. the angle in the lower left corner is labeled 36 degrees. a. 36 b. 144 c. 54 d. 126
Answers: 1
question
Mathematics, 21.06.2019 15:10
5.(04.07) two different plants grow each year at different rates, which are represented by the functions f(x) = 4* and g(x) = 5x + 2. what is the first year the f(x) height is greater than the g(x) height? year 3 year 0 year 2 year 1
Answers: 1
question
Mathematics, 21.06.2019 17:00
Evaluate the expression for the given value of the variable 2×(c2-5) for c=4
Answers: 1
question
Mathematics, 21.06.2019 21:00
25 ! i need asap! ! ill mark brainliest!
Answers: 2
You know the right answer?
Rob bought a 1965 Fender Jazzmaster vintage electric guitar in 1980 for a price of $150. In 2010 it...
Questions
question
Mathematics, 15.10.2019 08:30
question
Mathematics, 15.10.2019 08:30
Questions on the website: 13722363