Answer:
Of course CD is higher then investing in T-bill
2: 2/3; 3: 3/4; 4: 1/4; 5: 1/3; 6: 1/4; 7: 4/5; 8: 5/6-3/6=1/3
It is Constant. The cost per pound is 2.50 dollars. two would be on the x-axis, and 5 dollars would be on the y-axis. likewise, 3 would be on the x-axis, and 7.50 dollars is on the y-axis. 5 pounds would cost : $12.50
This is equivalent to:
(2.2533/2.59)(10^8/10^4)
(0.87)(10^4) which is:
0.87X10^4 which is equal to:
0.87X10000 which is equal to:
8.7X1000 and since 1000=10^3 we can say:
8.7X10^3
