The equation to represent the number of people that can attend the event will be 18500 +/- 1200.
<h3>How to calculate the value?</h3>
Based on the information, equation to represent the number of people that can attend the event will be 18500 +/- 1200.
The maximum number will be:
= 18500 + 1200
= 19700
The minimum number will be:
= 18500 - 1200
= 17300
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Answer:
Annuity C: Deposit $72,000 one lump sum
Step-by-step explanation:
The yield is improved when the money is on deposit for a longer period.
If the $2400 annual deposit is made at the first of the year, then it will yield more than $600 deposits made at the first of each quarter.
If the $72,000 deposit is made at the beginning of the period, the entire amount is earning interest for the entire period.
Annuity C will provide the largest yield.
