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:
4 minus a number times three
I believe it would be B observational sampling
Answer: the original price of the shorts was $25
Step-by-step explanation:
Let x represent the original price of the shorts.
The store is having a sale in which all items are reduced by 20%. This means that the amount of discount on the shorts is
20/100 × x = 0.2x
The price of the shorts would be
x - 0.2x = 0.8x
If the sales tax is 5%, then the amount of sales tax charged is
5/100 × 0.8x = 0.04x
The final cost of the shorts would be
0.8x + 0.04x = 0.84x
Including tax, Jennifer paid $21 for a pair of shorts. This means that
0.84x = 21
x = 21/0.84
x = 25
Answer:
x ≤ 6
Step-by-step explanation:
5x - 9 ≤ 21
Step 1. Add 9 to both sides
5x ≤ 30
Step 2. Divide it all by 5
x ≤ 6
