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:
C
Step-by-step explanation:
So we have the product of:
Multiply. Combine like terms:
The first term is 24.
The second term stays as it is.
The third term will equate to y^7. Recall how to multiply exponents. The base stays constant and you add the exponents. Thus:
Our answer is C.
And we're done!
Answer:
hviygkcgc fgx
Step-by-step explanation:
Answer:
where 
= 2
Step-by-step explanation:
512/-8 = -64
difference of n = 3
![\sqrt[3]{64} = 4](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B64%7D%20%3D%204)
where = 2
