To answer the question above we first need to know how much is the interest per year. In equation, 3% of $2500 is 75. 75 per year in 4 years is 300. So add $300 to the principal amount, the money after 4 years would be $2800.
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:
24000 cm³ or 24 L
Step-by-step explanation:
The measure of a tank is 30 cm by 20 cm by 40 cm.
We need to find the volume of water in the tank when it is full.
Volum = 30 cm × 20 cm × 40 cm
= 24000 cm³
1 cm³ = 1 ml
24000 cm³ = 24000 mL
Also, 1 cm³ = 0.001 ml
24000 cm³ = 24 L
Hence, this is the required solution.
Answer:
You will have 48 blue streamers.
Step-by-step explanation:
This question can be solved by proportions, using rule of three.
We have that:
For 12 blue streamers, there are have 9 gold streamers. How many blue streamers are there when there are 36 gold streamers?
12 blue - 9 gold
x blue - 36 gold
Applying cross multiplication
Simplifying by 9
You will have 48 blue streamers.
<span>The best way to solve each equation is:
</span> 1) 5x2 + 12x - 3 = 0 -----> solve by quadratic formula
2) 4x2 - 25 = 0 -----------> solve by square root method
3) x2 - 5x + 6 = 0 --------> solve by factoring
4) x2 - 4x = 8 -------------> solve by completing the square
