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:
D)
because thats the only answer that would make sence.
Answer:
Step-by-step explanation:
3×1405 and $.65
Answer:
Equation of movement y(t)
Amplitude: 1 inch
Period: 0.628 seconds
Step-by-step explanation:
If there is no friction, the amplitude will be the length it was streched from the equilibrium. In this case, this value is 1 inch
The period depends on the mass and the spring constant.
The formula for the period is:
The model y(t) for the movement of the mass-spring system is
