answer:
Step-by-step explanation:
Option A. $1565 for 72months
Then the total is $112,680
Option B. $1012 for a month for 10 years,
10years is equivalent to 120months
Therefore, the total income is 1012×120
$121,440.
Option 3.
$100,000 once payment.
All the information is correct.
But,
Since the individual did not care if he receives the fund or it is transfer to his heir, so we can ignore the third option of collecting $100000 lump sum.
Also, since he is also ready to wait and he is indifferent about who earns the insurance settlement so he can as well wait and ignore the 72months.
So he can go for the second option because it pays the largest amount and he will receive the most payments.
He will receive $121,440 if he waits for ten years.
19 is your answer
Hope this helps!
Simplify √-y to √yi
3+ 2y = √yi
Square bot sides
(3 + 2y)^2 = -y
Expand
9 + 12y + 4y^2 = -y
Move all terms to one side
9 + 12y + 4y^2 + y = 0
Simplify 9 + 12y + 4y^2 + y to 9 + 13y + 4y^2
9 + 13y + 4y^2 = 0
Split the second term in 9 + 13y + 4y^2 into two terms
4y^2 + 9y + 4y + 9 = 0
Factor out common terms in the first two terms, then in the last two terms
y(4y + 9) + (4y + 9) = 0
Factor out the common term 4y + 9
(4y + 9)(y + 1) = 0
Solve for y
y = -9/4, -1
Check solution
when y = -9/4, the original equation; 3 + 2y = √-y does not hold true. We will drop y = -9/4 from the solution set.
Therefore,
<u>y = -1</u>
From what i think i think it should be