Mathematics, 26.05.2021 03:00 zfismael

The beginning balance of Cooper's savings account for the month of September was $5700, and it remained this way for the first 11 days of the month. On September 12, Cooper made a withdrawal of $900, so his balance changed, and it remained the same for a total of 9 days. On September 20, Cooper made a deposit of $1100, so his balance changed again, and it remained the same for a total of 10 days to finish out the month. Cooper's savings account has an APR of 3.65%, calculates interest daily, and pays interest at the end of the month. Cooper wants to calculate the amount he earned in interest during the month of September. Part I: What interest rate does Cooper's savings account pay per day?

Part II: How much did Cooper earn in interest during the first 11 days of September?

Part III: How much did Cooper earn in interest during the next 9 days of September?

Part IV: How much did Cooper earn in interest during the last 10 days of September?

Part V: How much did Cooper earn in interest during the month of September?

Answers: 2

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 19:10

If i have 20$ and i gave 5$ away how much i got

Answers: 1

Answer

Mathematics, 21.06.2019 20:00

Sarah took the advertising department from her company on a round trip to meet with a potential client. including sarah a total of 11 people took the trip. she was able to purchase coach tickets for $280 and first class tickets for $1280. she used her total budget for airfare for the trip, which was $6080. how many first class tickets did she buy? how many coach tickets did she buy?

Answers: 1

Answer

Mathematics, 22.06.2019 00:30

Afurniture store is having a weekend sale and is offering a 20% discount on patio chairs and tables the sales tax on furniture is 6.25%

Answers: 3

Answer

Mathematics, 22.06.2019 02:00

Use the zero product property to find the solutions to the equation (x+2)(x+3)=12

Answers: 3

Answer

You know the right answer?

The beginning balance of Cooper's savings account for the month of September was $5700, and it remai...