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
<em><u /></em>
<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
<em><u /></em>
<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
<em><u /></em>
<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 14/15 more pounds of roast beef
Step-by-step explanation:
subtract 4 2/3 from 9 3/5
9 3/5 - 4 2/3= 4 14/15
So your answer is 4 14/15
Answer:
i think bca would be the same
Step-by-step explanation:
Answer:
Step-by-step explanation:
12 multiplied by 9 is 108. That gives us the square. The triangle base is 9. The height is 7. 7 multiplied by 9 is 63. 63 divided by 2 is 31.5. 108 add 31.5 is 139.5 cm squared.
Answer:
It is the 4th image
Step-by-step explanation:
I took the test