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:
m is equals to 49 degree + 31 degree so which means it's 80°
Answer:
Step-by-step explanation:
4). Given sequence → 3, 5, 7, 9, 11........
Common difference of an arithmetic sequence is defined by,
Common difference = Successive term - previous term
= 2nd term - 1st term
= 5 - 3
= 2
5). Given sequence → 16, 19, 22, 25........
Common difference of an arithmetic sequence = Second term - first term
= 19 - 16
= 3
Answer:
2 2/3
Step-by-step explanation:
For each of her snack bag, she can fill it with a 1/3 cup of pretzels
1/3 x 8 = 2 2/3 cups
You are going to want to cross multiply this, so 5/9 would multiply with 1 and 2/3 would be multiplied by x. Now you have 5/9 = 2/3x. You would divide 2/3 on both sides and get 5/6. 5/6 is your answer.