subject
Mathematics, 03.04.2021 01:40 dontcareanyonemo

Three years ago, Isabel got her first job after graduating from college. Once she began earning a steady monthly income, she decided to start saving for a new car. To help her stay on track with her savings, Isabel set up a savings account at her bank and arranged to automatically transfer money into it. On the 15th of every month, the bank transfers $200 from her checking account to her savings account. The interest on her savings account is 1.70% compounded monthly. Which term best describes the savings account that Isabel has set up, given its purpose?

Select the correct answer.

emergency fund
mutual fund
rainy-day fund
sinking fund

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
The la dodgers hit the most homeruns in 2014. the number of homeruns accounted for 6% of the entire major leauge baseball homerun count. if 583 total homeruns were hit, approximately how many did the la dodgers hit
Answers: 1
question
Mathematics, 21.06.2019 15:00
The data shown in the table below represents the weight, in pounds, of a little girl, recorded each year on her birthday. age (in years) weight (in pounds) 2 32 6 47 7 51 4 40 5 43 3 38 8 60 1 23 part a: create a scatter plot to represent the data shown above. sketch the line of best fit. label at least three specific points on the graph that the line passes through. also include the correct labels on the x-axis and y-axis. part b: algebraically write the equation of the best fit line in slope-intercept form. include all of your calculations in your final answer. part c: use the equation for the line of best fit to approximate the weight of the little girl at an age of 14 years old.
Answers: 3
question
Mathematics, 21.06.2019 18:00
Arecipe calls for 2 2/4 cups of raisins, but julie only has a 1/4 measuring cup. how many 1/4 cups is needed to measure out 2 2/4 cups of raisins?
Answers: 1
question
Mathematics, 21.06.2019 19:30
Celeste wants to have her hair cut and permed and also go to lunch. she knows she will need $50. the perm cost twice as much as her haircut and she needs $5 for lunch. how much does the perm cost?
Answers: 1
You know the right answer?
Three years ago, Isabel got her first job after graduating from college. Once she began earning a st...
Questions
question
Arts, 27.11.2020 18:30
question
Mathematics, 27.11.2020 18:30
question
Physics, 27.11.2020 18:30
question
Mathematics, 27.11.2020 18:30
question
Mathematics, 27.11.2020 18:30
question
Arts, 27.11.2020 18:30
question
Mathematics, 27.11.2020 18:30
Questions on the website: 13722362