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
They are both fractions, but 3/3 is 1 whole and 4/4 is 1 whole also.
so 1 whole times 1 whole equals 1
number form of my explanation:
3/3=1
4/4=1
1x1=1
Describe complete!
Test each one out! Coordinates are written in (x, y) so just substitute each one
A) 3(1)+2(4) = 11
B) 3(2)+2(3) = 12
C) 3(3)+2(1) = 11
D) 3(4)+2(-1) = 10
Out of all these answers B has a value less than 12 so the answer is:
B (2,3)
Answer:
Step-by-step explanation:
eact from : x= 2, 6/5
decial from : x= 2, -1.2
mixed number from :x= 2, - 1 1/5
