Tavius would earn his best value if he invests in a three-year certificate of deposit with a nominal interest rate of 4 percent.
Tavius would invest in the option that yields the highest interest. This is the best value. In order to determine which option is the best, the interest rate of each option has to be determined.
<em><u>Interest rate of the first option</u></em>
Interest earned = amount invested x time x interest rate
$2500 x 0.03 x 2 = $150
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<em><u>Interest rate of the second option</u></em>
Interest earned = amount invested x time x interest rate
$2500 x 0.03 x 1 = $75
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<em><u>Interest rate of the third option</u></em>
Interest earned = amount invested x time x interest rate
$2500 x 0.04 x 3 = $300
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<em><u>Interest rate of the fourth option</u></em>
FV = P x (1 + r) n
$2500 x (1.03) = $75
A similar question was answered here: brainly.com/question/24748787?referrer=searchResults
Answer:
What were two of the important points found in the Monroe Doctrine?
All European nations had to give up their colonies and allow for individual autonomy.
The United States would not allow additional colonization of Latin American nations.
America would not interfere with already established Latin American colonies.
All trade agreements with Latin American nations had to go through the United States.
Step-by-step explanation:
Answer:44
Step-by-step explanation:
0.2x+(-0.9)+1.7==9.6
0.2x+0.8=9.6
Subtract 0.8 from both sides
0.2x+0.8-0.8=9.6-0.8
0.2x=8.8
Divide both sides by 0.2
0.2x ➗ 0.2=8.8 ➗ 0.2
x=44
Basically, just find a common denominator. The LCD of 8 and 10 is 40 and that is divisible by 5, too. So the answer is 40 days.
Find the cube root of 90 if there isn't, try to compare irrational numbers