All categories

2 years ago

Tavius wants to invest $2,500. Which option will earn him the best value?

1 answer:

5 0

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.

Interest rate of the first option

Interest earned = amount invested x time x interest rate

$2500 x 0.03 x 2 = $150

Interest rate of the second option

Interest earned = amount invested x time x interest rate

$2500 x 0.03 x 1 = $75

Interest rate of the third option

Interest earned = amount invested x time x interest rate

$2500 x 0.04 x 3 = $300

Interest rate of the fourth option

FV = P x (1 + r) n

$2500 x (1.03) = $75

A similar question was answered here: brainly.com/question/24748787?referrer=searchResults

You might be interested in

The system of equations is coincident. What are the missing values?

FrozenT [24]

$\rm x+3y=5|*4 \\ \\ 4*x+4*3y=4*5 \\ \\ \boxed{\rm 4x+12y=20}$

7 0

3 years ago

PLEASE HELP !!!!!!! For what value of x is line m parallel to line n? Enter your answer in the box. x = Line m is parallel to li

Sonja [21]

Answer:

$x=10$

Step-by-step explanation:

we know that

When two lines are crossed by another line (transversal), the angles in matching corners are called Corresponding Angles.

When the line are parallel the corresponding angles are equal in measurement.

In this problem

$(8x+50)\°=130\°$ -----> by corresponding angles

see the attached figure to better understand the problem

Solve for x

Subtract 50 both sides

$8x=130-50$

$8x=80$

Divide by 8 both sides

$x=80/8$

$x=10$

7 0

2 years ago

Which statement describes the end behavior of the exponential function f(x) = 2x – 3?

charle [14.2K]

The correct answer is:

As x→-∞, y→-3.
As x→∞, y→∞.

Explanation:

As our values of x get further into the negative numbers, the value of 2ˣ will approach 0. This is because raising a number to a negative exponent "flips" the number below the denominator and raises it to a power; we end up with smaller and smaller fractions, eventually so small that they nearly equal 0.

This will make the value of the function 0-3=-3.

As x gets larger and larger (towards ∞), the value of y, 2ˣ, continues to grow as well. Since it continues to grow exponentially, we say the value approaches ∞.

3 0

2 years ago

Read 2 more answers

on a large college campus, 84% of the students report drinking alcohol within the past month, 33% report using some type of toba

Natasha_Volkova [10]

Answer: 0.31

Step-by-step explanation:

Let A denotes the event that the students report drinking alcohol and B denotes the students report using some type of tobacco product .

Given : P(A) =0.84 ; P(B)=0.33 and P(A∪B)=0.86

We know that $P(A\cap B)=P(A)+P(B)-P(A\cup B)$

Then, the probability that the student both drunk alcohol and used tobacco in the past month is given by :-

$P(A\cap B)=0.84+0.33-0.86=0.31$

Hence, the probability that the student both drunk alcohol and used tobacco in the past month = 0.31

5 0

2 years ago

-114=-5x-2(4x+18) ????????

SVETLANKA909090 [29]

Primeiro multiplica o -2 com tudo que tem dentro do parenteses (chuveirinho) -114 = -5x -2(4x+18)

-2 . 4x = -8x + -2 . 18 = -36 = -8x-36

Agora soma os números com incógnitas (no caso x)

-114 = - 5x - 8x -36

Joga a incógnita do outro, tornando positiva

-114 = -13x - 36

13x -114 = -36

e o 114 do outro lado, ficando positiva também

13x -114 = -36

13x = - 36 + 114

13x = 78

x = 78 /13

x= 6

ESPERO TER AJUDADO :)

8 0

3 years ago