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Mariana [72]
3 years ago
10

Which expression is equivalent to 17s - 10 + 3(2+1)?

Mathematics
2 answers:
vekshin13 years ago
8 0

11s-9 is the answer to ur question

Dovator [93]3 years ago
4 0

The answer I got was 17s-1, and that doesn't seem to fit in any of the answers you have shown, so.

I hope it helps!

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Answer:

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-We determine the effective interest rate in both scenarios and use it to calculate the investment's value after 7 years.

#Given n=7yrs, P=$10,000 and i=6.6% compounded monthly:

i_m=(1+i/m)^m-1\\\\=(1+0.066/12)^{12}-1=0.06803\\\\\therefore A=P(1+i_m)^n\\\\=10000(1.06803)^7\\\\\approx \$15,852.00

#Given n=7rs, P=10000, i=6.7%

i_m=(1+i/m)^m-1\\\\=(1+0.067/4)^{4}-1=0.06870\\\\\therefore A=P(1+i_m)^n\\\\=10000(1.06870)^7\\\\\approx \$15,921.75

Hence, the investment has the largest value($15,921.75) when the interest rate is compounded quarterly.

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3 years ago
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