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
Step-by-step explanation:
<u>Step 1: Add the numbers: 9.5 +6.2 = 15.7</u>


<u>Step 2: Subtract the numbers: 15.7 - 12.25 = 3.45</u>

<u>Step 3: Multiply the numbers: 8.6 × 3.45 = 29.67</u>
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- To solve this equation, the first step is to add the numbers 9.5 + 6.2 into the equation and it will lead to 15.7 as the number for step one.
- To solve this equation, the second step is to subtract the numbers 15.7 - 12.25 into the equation and it will lead to 3.45 as the answer.
- To solve this equation, the third step is to multiply the numbers 8.6 x 3.45 into the equation and it will lead 29.67 as the final answer for the whole equation.
Answer:
Hope this helps.
Answer:
122+42x= 2( 61+21x)
4x+16x+24 = 4(5x+6)
24x+48-3x = 21x+48
3x+39-2x = x+29
Step-by-step explanation:
If we do not care about order, then a combination is an arrangement of r objects chosen from n distinct objects. It can often be seen written as:

or

Its factorial form is:
Answer:
LCM = 9450
Step-by-step explanation: