Tony invested $5,500 in a four-year CD that paid 4.8% interest, but later needed to withdraw $475 early. If the CD’s penalty for early withdrawal was three months’ worth of interest on the amount withdrawn, how much of a penalty did Tony pay? a.
$5.70
b.
$22.80
c.
$60.30
d.
$66.00

Please select the best answer from the choices provided

A
B
C
D

Efficient homemakers ltd. makes canvas wallets and leather wallets as part of a money-making project. for the canvas wallets, they need two yards of canvas and two yards of leather. for the leather wallets, they need four yards of leather and three yards of canvas. their production unit has purchased 44 yards of leather and 40 yards of canvas. let x be the number of leather wallets and y be the number of canvas wallets. draw the graph showing the feasible region to represent the number of the leather and canvas wallets that can be produced.