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:
Step-by-step explanation:12 customers per hour..
4minutes per customer..
Time customers must wait= 12customers ×4minutes =48 minutes.. The clerk use 48minutes to attend to 12customers in one hour leaving him with 12spare minutes.
(B)since the clerk has 12 minute to spare it means each customer have a minute to wait before getting attention..
(C)number of customers waiting =12/2=6customers...
3/30 or 1/10 or $3
There all the same answer just different ways
The first one is unsimplified The second one is simplified The last one is in money form
Answer:
(5,-1)
Step-by-step explanation:
Answer:
D
Step-by-step explanation:
if you look at the chart. it goes up five and has a width of 2. multiply 5 x 2 = you get 10
