marcus receives an inheritance of $13,000. he decides to invest this money in a 10-year certificate of deposit (CD) that pays 3.0% interest compounded monthly. how much money will marcus receive when he redeems the CD at the end of 10 years?

Marcus will receive a total of $17,542.2 when he redeems the certificate of deposit (CD) at the end of 10 years

Step-by-step explanation:

Principal(p)=$13,000

Rate(r)=3.0%

Period(n)=12 months

Time(t)=10 years

A=p(1+r/n)^nt

=13,000(1+0.03/12)^12*10

=13,000(1+0.0025)^120

=13,000(1.0025)^120

=13,000(1.3494)

=17,542.2

A=$17,542.2

Marcus will receive a total of $17,542.2 when he redeems the certificate of deposit (CD) at the end of 10 years

an

y = 6x -3y -12

y +3y +12 = 6x

=> . x = { 2y / 3 +2 } this is equation of line in terms of x

=> . if line meets the x-axis the co-ordinates of meeting point would be ( x , 0 )

=> . x = 2 ( 0 ) / 3 + 2

=> . x = 2

so, the point is ( 2 , 0 )

well what did you do it matters what you did : )

step-by-step explanation: