Tim has a checking account with $1,200 remaining after paying bills after several months. He wants to earn interest on
this money rather than keep extra money he does not need for monthly bills in his checking account. Over the next
year, he thinks he might need to withdraw $100 one or two times. His bank requires $250 to open a regular savings
account, $500 for a one-year CD, $750 for a two-year CD, and $1,000 to open a money market account. Decide which
choice would be the best for his situation

Answers

Answer 1

Assuming  He wants to earn interest on this money rather than keep extra money he does not need. The choice that would be the best for his situation is  $250 to open a regular savings.

What is regular savings account?

A regular savings account is a saving acount that enables you to save and earn interest based on the amount saved because it is an interest bearing account.

Although this account gives you interest but the interest rate is low. Since Tim has $1200 in his checking account  assuming he withdraw $100 twices, Tim will have $1,000 ($1,200-$200).

Now if he open a regular saving with $250 he will have $750 left ($1,000-$250) with which he can earn interest with.

Inconclusion the choice that would be the best for his situation is  $250 to open a regular savings.

Learn more about regular account here:https://brainly.com/question/25787382


Related Questions

The length of a rectangular garden is 9 feet longer than its width. If the garden's perimeter is 206 feet, what is the area of the garden in square feet?

Answers

Answer:

Area of rectangular garden is 2632 feet²

Step-by-step explanation:

Given that length of Rectangular garden is 9 feet more than its width and perimeter of garden is 206 feet.

Let's assume length of Rectangular garden be x + 9 feet and width be x feet respectively. Firstly using the formula of Perimeter of rectangle we'll find the length and width of the garden.

[tex] \\ \\ \dashrightarrow \: \: { \underline { \boxed{ \pink{ \sf {Perimeter _{(rectangle)} = 2(L + W)}}}}} \\ \\ [/tex]

Substituting the required values:

[tex]\\[/tex]

[tex]\dashrightarrow \sf \: \: 2(x + 9 + x) = 206 \\ \\ [/tex]

[tex]\dashrightarrow \sf \: \: 2x + 18 + 2x = 206 \\ \\ [/tex]

[tex]\dashrightarrow \sf \: \: 4x + 18 = 206 \\ \\ [/tex]

[tex]\dashrightarrow \sf \: \: 4x = 206 - 18 \\ \\ [/tex]

[tex]\dashrightarrow \sf \: \: 4x = 188 \\ \\ [/tex]

[tex]\dashrightarrow \sf \: \: x = \dfrac{188}{4 } \\ \\ [/tex]

[tex]\dashrightarrow \sf \: \: x = 47 \\ \\ [/tex]

Hence,

Length of garden = x + 9 = 47 + 9 = 56 feetWidth of garden = x = 47 feet

[tex]\\[/tex]

Now,

[tex] \\ \dashrightarrow \: \: { \underline { \boxed{ \pink{ \sf Area _{(rectangle)} = Length \times Width }}}} \\ \\ [/tex]

Substituting the required values:

[tex]\\[/tex]

[tex]\dashrightarrow \sf \: \: Area = 56 \times 47 \\ \\ [/tex]

[tex]\dashrightarrow \sf \: \: Area = 2632~ ft^2 \\ \\ [/tex]

Hence,

Area of rectangular garden is 2632 feet²

Answer:

Area of rectangular garden is 2632 feet²

Step-by-step explanation:

Given:-

Length of Rectangular garden is 9 feet more than its width perimeterof garden is 206 feet.

To find :-

The area of rectangular garden

Solution:-

Let the length of Rectangular garden be x + 9 feet and width be x feet .

We know that , the formula of Perimeter of rectangle is 2 ( L + B )

putting the known values to find the dimensions ,

2 ( L + B ) = 206 feet

2 ( x + 9 + x ) = 206 feet

4 x + 18 = 206 feet

x = 47 feet

putting the values of x in the equation ,

Length :- 56 feet

width :- 47 feet

Now , area of rectangular garden :- B

Area => 56×47 feet²

Area => 2632 feet²

Find the length of the midsegment of the trapezoid.

Answers

Answer: 14

Step-by-step explanation:

Slope:
Y-intercept=
Equation Y=

Answers

Answer:

Slope = -3

Y-intercept = (0,-4)

Equation = -3x-4

Step-by-step explanation:

Slope is [tex]\frac{rise}{run}[/tex] or [tex]\frac{Y2-Y1}{X2-X1}[/tex]. Apply this from the data in the table, for example:

[tex]\frac{5-8}{-3-(-4)} = \frac{rise}{run}\\ \frac{-3}{1} = \frac{rise}{run}\\\\-3= \frac{rise}{run}[/tex]

Y-intercept is located where x=0. If we look at the table, we will find that when x=0, y=-4. If we turn it into a (x,y) point format, we will get (0,4).

The function can be found using the Y-intercept and the slope. Since at x=0, y=-4, we know that the function must have a -4 in it, therefore: [tex]y = x-4[/tex]. Our function decreases by 3 for every positive x and increases by 3 for every negative x, therefore [tex]y = -3x-4[/tex].

Mr. Loy fixes bikes for a living. This month, he plans to fix 747474 bikes. So far, he has fixed 141414 kids' bikes and 252525 adults' bikes.
How many bikes does Mr. Loy still have to fix?



Answers

he has to fix 353,535 more

Which statement correctly explains the difference between a right cylinder and an elliptic cylinder?
A right cylinder has circular bases while an elliptic cylinder has oval bases.
A right cylinder has rectangular bases while an elliptic cylinder has oval bases.
A right cylinder has triangular bases while an elliptic cylinder has oval bases.
A right cylinder has rectangular bases while an elliptic cylinder has circular bases.

Answers

If the elements of the cylinder are perpendicular to the planes containing the bases, the cylinder is a right cylinder, otherwise it is called an oblique cylinder. If the bases are disks (regions whose boundary is a circle) the cylinder is called a circular cylinder

A student is evaluating the expression below for n = 3.7.
12.8 + 6(n - 0.5)
1. The student substitutes 3.7 for n. Write the new expression.
2. What step should he do next?

Answers

Use pemdas (parenthesis, exponents, multiplication/division, addition/subtraction)
12.8+(6*(3.7-.5))
12.8+(6*3.2)
12.8+(19.2)
=32

what is the volume of this container 1ft 1ft 2ft

Answers

Answer:

Remember length times width times height when finding volume.

In non-terms of pi, the answer would be [tex]2[/tex] [tex]ft^2[/tex]

Answer:

Volume is 2ft

Step-by-step explanation:

Multiply the length x width once you find the answer for lengthxwidth.

Multiply the answer you got by height

what digit is in the ten thousand place in 796,142 what is the answer​

Answers

Answer:

9

Step-by-step explanation:

2 is in the ones place

4 is in the tens

1 is in the hundreds

6 is in the thousands

9 is in the ten thousands

Answer:

The number that is in the ten thousands is 9, whose value is 90,000.

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Thank you so much for participate in the community of Brainly.com

I hope help you :)

Kind regards, Antonio.

IM STUCK CAN SOMEBODY SOLVE THE EQUATION

Answers

Answer:

m = 4

(0, 1)

y = 4x + 1

Step-by-step explanation:

Slope using first two points (-2, 7) & (-1, -3):

[tex]m=\frac{y2-y1}{x2-x1}[/tex]

[tex]m=\frac{-3+7}{-1+2} =\frac{4}{1}[/tex]

m = 4

Y-intercept, b: (0, 1)

Equation:

y = mx + b

y = 4x + 1

How many TRIANGLES can be constructed with angles measuring 110°, 50°, and
10°?
In order to prove mastery please explain how you know

Answers

Answer:

You can't cconstruct any triangle

Step-by-step explanation:

110+50+10=170  A triangle always has 180º

Find the axis of symmetry and the vertex of the graph of y = 6x2 − 24x + 11.
A. x = 2; (2, −13)
B. x = 4; (4, 11)
C. x = −2; (−2, 83)
D .x = −4; (−4, −11)

Answers

Answer:

I believe its b

Step-by-step explanation:

find the area of the polygon​

Answers

Answer:

D.  984

Step-by-step explanation:

The are of the trapozoid is 1/2(B1+B2)+h

I need to know how the answer

Answers

Answer:

A=1/2(b*h)

A=(3x2*4xy)

A=1/2(12x3y)

A=6x3y

so the answer is option (d)

Group b.. pls help me​

Answers

Answer:

Step-by-step explanation:

m∠ABC + m∠BAC + m∠ACB = 180°

a + 2a + 6a = 180°

9a = 180°

a = 20°

m∠ABC = 20°

m∠BAC = 2 × 20° = 40°

m∠ACB = 6 × 20° = 120°

A data set is normally distributed with a mean of 63 and a standard deviation of 10.4.
What percentage of the data is between 45 and 77?
Enter your answer as a number to the nearest whole percentage, like this: 42%

Answers

Answer:

  87%

Step-by-step explanation:

The percentage of normally-distributed data between 45 and 77 in a data set with mean 63 and standard deviation 10.4 can be found by any of a number of calculators, apps, web sites, or spreadsheets.

The percentage is 87%.

Oliver earns five dollars for each lawn he mowed.If he he’d six lawns to move but forgot to mow three of them how much money did he actually earn

Answers

$15

Explanation:

For each lawn he mows = $5

He should mow 6 lawns but did only 3 lawns as other 3 he forgot to mow.

earned:

mows lawn-d * $53 * $5$15

The sum of 4 and the product of three and a number x

Answers

Answer:

4=3+x

Step-by-step explanation:

hello!

First, let the number be x.

The product of 3 and x looks like so:-

3x

Now, add 4 (the sum of 4 and 3x):

[tex]\bigstar\sf{3x+4}[/tex]

note:-

Hope everything is clear; if you need any explanation/clarification, kindly let me know, and I'll comment and/or edit my answer :)

. Question 3 Terrance made a list of his expenses. He is creating a check off matrix to organize when his bills are due. A check off matrix is a table without dollar amounts. You can use a matrix to indicate what time of the year an expense will occur Help Terrance complete his check off matrix by placing an X in the correct cells of the table according to his list of expenses, mortgage payment monthly • Utilities, monthly • Insurance quarterly • Internet monthly cell phone monthly . car loan: semiannually lawn care: monthly, April-September • food: monthly day care every other month beginning with February gym membership: annually. July . в тухх, m. AL 10pt Oct Dec Nov Feb Mar Sep Jul Jun Aug May Jan x Expense mortgage payment X X X x x X x insurance y internet cellphone car loan 1 x Iawn care X x X x food X day Care rym membership​

Answers

Answer:   See attached image below for the filled out table.

=====================================================

Explanation:

The first two rows are already done. They have X's for every month to indicate a monthly payment regularly throughout the year without any extra conditions/requirements.

The third row will have exactly 4 copies of X in it. Two of them are already placed for January and April. The other two payments are in July and October. Notice the months are spaced 3 apart and how 12/4 = 3.

The fourth row will have X's across every cell in the same way the first row does since the internet bill is monthly. The same applies to the cell phone bill and food rows.

Something like the car loan will only have 2 copies of X in that row. Semiannual means twice a year, aka every 6 months. One copy of X is already placed for us in this row. This is in January (month 1). Six months later in month 1+6 = 7 (July) is when the next car loan payment occurs.

Lawn care will have X's only for the months of April through September; any other month won't have an X.

Day care will have X's for February, April, June, August, October, December. We start with February and alternate each month to fill out the rest of the year. This is due to the phrasing "every other month".

The gym membership will have one X for July only, since it's an annual payment.

I’m not good at these I need help

Answers

Answer:

f(3) = 9

Step-by-step explanation:

From the table, when can see that when x is 3, f(x) is 9.

Therefore, f(3) = 9

Answer:

[tex]f(3)[/tex]=9

Step-by-step explanation:

[tex]f(x)[/tex] is x times a function.

so if you look at the table on the 'x' side and go down the table until you reach '3' and see what number on the 'f(x)' side corresponds with it, you will see '9'

so [tex]f(3) = 9[/tex]

and that means your answer is D

are these lines perpendicular? 6x+4y=-2 and y=3/2x-6

Answers

No, because when graphed they do not meet at 90 degree angles

i really need help with multiple of these questions if u get them right please help with more (multiple questions )

Answers

Answer:

D. 19.25^2

Step-by-step explanation:

A = 5.5

H = 3.5

A = 19.25^2

1.Measurement of segment QR is 2Measurement of segment TS is 3.Measurement if segment QT is
4 The vallue of x is 5 the value of y is​​​

Answers

In a parallelogram, opposite sides are of equal measure.

QR = TS

find x

5(x) - 1 = 2(x) + 55(x) - 2(x) = 5 + 13(x) = 6x = 2

1)

QR:5(x) - 15(2) - 110 - 19

2)

QR = TS = 9

Find value of y:

QT = RSy + 8 = 3(y) - 2y - 3(y) = -2 - 8-2(y) = -10y = 5

3)

QT:

y + 85 + 813

4)

if x = 5

means the diagram is enlarged.

scale factor = 5/2 = 2.5

then y will be:

2.5 * 5 = 12.5

We need x and y

Opposite sides of a parallelogram are equal

QR=TS5x-1=2x+53x=6x=2

And

RS=QT3y-2=y+82y=10y=5

Hence

QR=TS=5x-1=5(2)-1=9RS=QT=y+8=5+8=13

#3

Segment QT is 4

so

y+8=4y=4+8y=12

Another way

x is 5

old x is 2

So

scale factor:-

k=5/2=2.5

Find y

y=5ky=5(2.5)y=12.5

Please help me with Part C of this question!!!

Answers

Answer:

  a. 3/4 inches per minute

  b. -1 1/8 inches per minute

  c. B is fastest; 1 1/8 is more than 3/4

Step-by-step explanation:

A change is a difference. A rate of change is one difference divided by another, usually the change in y-value divided by the change in x-value.

__

a.

The change in elevation is the difference between the elevation at the end of the period (6 inches) and the elevation at the beginning of the period (3 inches). The change in time period is the difference between the end time (8 min) and the beginning time (4 min).

  change in elevation per minute = (6 -3 inches)/(8 -4 min)

  = (3 inches)/(4 min) = 3/4 inches/minute

__

b.

Similarly, ...

  change in elevation per minute = (3 -7 1/2 inches)/(18 -14 min)

  = (-4 1/2 inches)/(4 min) = -1 1/8 inches/minute

__

c.

We know that 3/4 is more than -1 1/8, but when we talk about the "fastest rate of change", we're generally interested in the magnitude--the value without the sign. That means we understand a rate of change of -1 1/8 inches per minute to be "faster" than a rate of change of 3/4 inches per minute.

The rate of change from Part B is fastest. 1 1/8 inches per minute is more than 3/4 inches per minute.

If you deposit $300 in an account and it grows by 6% each year, how much money will be in your account after 1 year?

Answers

Answer:

318

Step-by-step explanation:

300 + (300 * 6%) = Answer

300 + (300 * 0.06) = 318

parallelogram MTBV ~ parallelogram AQZE
Drag the answers into the boxes to match each part of parallelogram MTBV with the corresponding part
of parallelogram AQZE.
IT

Answers

1 to 4 2 stays 3 to 1 4 to 3

Step-by-step explanation:

What is the area of this trapezoid

Answers

Answer:

468

Step-by-step explanation:

Area of trapezoid=1/2 *h(l1+l2)

=1/2*18*(15+37)

=9*52

=468

The answer is 468 I think

find the sum of the first 10 terms 125,50,20

Answers

Answer:

208.3

Step-by-step explanation:

Since the numbers are decreasing as multiples, its a geometric progression.

[tex]S_{n}=\frac{a(1-r^{n} )}{1-r} ; r\neq 1 \ and\ r \ is\ less\ than\ 1\\common\ ratio=\frac{20}{50}=\frac{2}{5}\\ S_{10}=\frac{125(1-(2/5)^{10} )}{1-(2/5)} \\=208.3[/tex]

PLEASE HELP!!!!! I"LL MARK AS BRAINLIEST!!!Tom conducted a drawing competition at school. He bought 5 boxes of colored pencils and spent $5.25 on drawing paper. However, more contestants entered than he expected, and he had to buy 2 more boxes of colored pencils. The total cost of the paper and pencils was $82.95. Identify the equation and solution that would help to find the cost of each box of pencils.
A. 5x + 2x + 5.25 = 11.10; $82.95
B. 5x − 2x + 5.25 = 82.95; $11.10
C. 5x − 2x + 5.25 = 82.95; $1.11
D. 5x + 2x + 5.25 = 82.95; $11.10

Answers

C. 5x-2z+5.25=82.95;$1.11

Tim bought all of the 2 3/4 lb packages for a party. How many pound of meat did tim buy?

Answers

1 and 1/2 of pounds of meat

•** Plss help me **•

Answers

I think the answer is 30km^2

1/2 ×4 × 15 = 30

Answer:
The answer is 30
Explanation:
4+b=7
b=3
1/2 x 12 x 4= 24
1/2 x 4 x 3= 6
24+6
30
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