Answer:
C) $10,000 invested at 6.7% compounded quarterly over 7 years yields the greater return.
Step-by-step explanation:
-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:
#Given n=7rs, P=10000, i=6.7%
Hence, the investment has the largest value($15,921.75) when the interest rate is compounded quarterly.
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Answer:
(x, y) = (2, 1)
Step-by-step explanation:
Use the second equation to write an expression for x:
x = 1 +y
Substitute that into the first equation:
(1 +y) +4y = 6
5y = 5 . . . . . . . . subtract 1, collect terms
y = 1 . . . . . . . divide by 5
x = 1 +1 = 2 . . . use the expression for x to find x from y
The solution is (x, y) = (2, 1).
We are asked to evaluate the equation ln (1+x) = x.In this case, we can raise both sides exponentially to 1 + x = e^x. In this case, the obvious answer would be zero. That is 1 = 1 which is a valid statement. The answer therefore to this problem is equal to zero
Answer:
0
Step-by-step explanation:
-2x+4=3
move the 4
-2x+4=3
-4 -4
-2x=-1
then you would move the -2 by using division
-2x=-1
__ __
-2 -2
x=0.5
