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
<em><u /></em>
<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
<em><u /></em>
<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
<em><u /></em>
<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:
A
Step-by-step explanation:
<u>Slope- intercept </u><u>form</u>
y= mx +c, where m is the slope and c is the y-intercept.
The given equation is in the slope-intercept form and hence we can easily identify its slope by looking at the coefficient of x.
y= 2x +7
slope= 2
Parallel lines have the same slope, thus the slope of the parallel line is also 2.
Substitute m= 2 into the general equation:
y= 2x +c
Substitute a pair of coordinates into the equation to find the value of c:
When x= 3, y= 11,
11= 2(3) +c
11= 6 +c
c= 11 -6
c= 5
Therefore the equation of the line is y= 2x +5.
Answer:
the answer is 5 because thats the varible
Step-by-step explanation:
