Claire has invested $10,000 in an 18-month CD that pays 6.25%. How much interest will Claire receive at maturity?

the interest received is $957.03

Step-by-step explanation:

Given that

The invested amount is $10,000

There is 18 months

And, the interest rate is 6.25%

= (($10,000 × (1 + 6.25% ) × 0.0625  × 6 months ÷ 12 months)) + ($10,000 × 6.25%)

= $332.03 + $625

= $957.03

Hence, the interest received is $957.03

let x be the money she spent so that she can earn the free t-shirt.

since, she already spent $112.49

⇒

also, as per the statement: jennifer must spend $250 or more in order to qualify for a free t-shirt at the store.

then,

we have an inequality i.,e

subtract 112.49 from both sides we get;

therefore, $137. 51 more money does jennifer need to spend so that she can earn the free t-shirt

step-by-step explanation: