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
the answer to your equation is
n=40
7,265 is the average of those two numbers, though i am not sure what the sign that is mentioned is
Answer:
The number is 42.
Step-by-step explanation:
Let x be the unknown number.
"two less than a number" is x - 2
Quotient means the result of a division.
(x - 2)/5 = 8
Multiply both sides by 5.
x - 2 = 40
Add 2 to both sides.
x = 42
Answer: The number is 42.
Check.
Start with 42. 2 less than 42 is 40. The quotient of 40 and 5 is 40/5 which is 8. The answer is correct.
Answer:
its 3
Step-by-step explanation:
selcet 3 it goes plus 3 then back to neg 4 its the 3rd option
