The Petters case was an example of the type of fraud called the Ponzi Scheme. This is further explained below.
<h3>What is
Ponzi Scheme?</h3>
Generally, deception is when early investors are bribed with rapid returns on their money by later investors to believe in the success of a non-existent business.
In conclusion, The Petters affair is an example of a sort of investment scam known as a Ponzi Scheme.
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The correct answer is 23
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Explanation:
Let x assume two values x₁ and x₂. Substituting these values in (1) and subtracting one from the other
f(x₂) - f(x₁) = 6x₂ + 1 - (6x₁ + 1) = 6x₂ - 6x₁= 6(x₂ - x₁) …………………..(A)
Equation (A) can be used to evaluate the difference between values of f(x) for any preassigned values of x.
In the present problem, x₁= 1 and x₂ = 2.
∴ (A) gives,
f(2) - f(1) = 6(2–1) = 6 . 1 = 6 (Answer).
Answer: your not showing any variables
Explanation:
Answer:
Suppose an engineer has been instructed to create three new sky rides in the park. He has been given the length and the time each one must travel. How might he come up with a way to find the speed for each one?
What formula could the engineer use to help him figure out the speed of each sky ride? Explain what each letter in your formula represents.
Answer in complete sentence
Explanation: