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:
100
Step-by-step explanation:
20 times 100 equals 2000
Answer:1.56
Step-by-step explanation:
For constant of proportionality of k,
y=(1/k)*x
If y =9,
9=7/k
K=7/9=0.78
y=0.78x
y=0.78*2=1.56
When x
Simplify both sides of the equation
x/16−(x+2/8) = 2x/16 + −1/8x + −1/4 = 2
Distribute
1/16x + −1/8x + −1/4 = 2
(1/16x + −1/8x)+(−1/4) = 2
Combine Like Terms
−1/16x + −1/4 = 2
Add 1/4 to both sides.
−1/16x + −1/4 + 1/4 = 2 + 1/4
−1/16x = 9/4
Multiply both sides by 16/(-1).
(16/−1)*(−1/16x)=(16/−1)*(9/4)
x=−36
