3
-90
1
30
2
If you need to show your work look at the picture
Answer:
Answer 2 is correct
Step-by-step explanation:
3 number of days are given form different activities of sales and purchase.
Day 2:
Earnings : $16
Spendings : $7.
Day 3:
Earnings : $22
Spendings : $12.
Please note: We always add the Earnings and Subtract the Spendings.
Therefore, the expression can be used to model the situation for these 2 days as
First day earning - First day spendings + Second day earning - Second day spendings
16-7 + 22 -12.
In order to write the expression as adding the additive inverse, we need to factor out minus from second group by making expression into two groups.
We will write two positive numbers in first group and two negative numbers in second group.
(16+22) + (-7-12).
Factoring out minus sign from second group, we get
(16+22) - (7+12)
This expression in additive inverse form now.
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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