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
If you really want to figure this out you make an equation to solve for the time
let's let
x = time from Elena to Jada and
x = time from Jada to Elena
12 then the equation
12 = 5x +3x
would help figuring out their distance say for one of them
12 = x(5+3)
12/8 = x
1.5 = x
1. 5 hours they will meet up
Your answer will be “1200”
264 yards...
While multiplying decimals by 10, 100, 1,000 and so on, just move the decimal to the right by how many zeros you have in the number. Let’s say I have 7.9 x 10. Move the decimal one place to the right because you have ONE zero. Then your answer would be 79.
