The faculty member believe this was a Ponzi-type scheme because it states that there is Higher Rate of Return if one has a higher return on investment and that it is about 44 % and even more in 12 days, if one invest.
<h3>What is a Ponzi Scheme?</h3>
A Ponzi scheme is known to be a form of an investment fraud that is said to pay their existing investors using funds obtained from other new investors.
Note that in the passage, It tells that a person could invest $6 to $6,000 and gets about 44 percent return in 12 days an this made the faculty member believe that it was a Ponzi-type scheme
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Answer:
General ledger
Explanation:
General ledger is used to record all of a companies transaction
When the water molecules of the ocean become heated, they expand. ... Since warmer water thus can hold more salt and other molecules than cold water; it can have a higher salinity. To relate this to ocean currents, the higher the salinity of ocean water, the more dense it becomes. THIS IS NOT FROM MY OWN WORDS, IF YOURE TYPING THIS DOWN PLEASE REPHRASE IT A BIT!! :)
Answer:
Explanation:
g(x) = f(x + 1) - 2
g(x) = (x + 1 + 3)^3 -2
g(x) = (x + 4)^3 - 2
Now what are we supposed to do with this? I'm guessing we are to find what value of x will make g(x) = 12. If I'm wrong, leave a note in the form of a comment.
g(x) = 12
(x + 4)^3 - 2 = 12 Add 2 to both sides.
(x + 4)^3 = 14 Take the cube root of both sides.
x + 4 = cubrt(14)
x + 4 = 2.4101 Subtract 4
x = 2.4101 - 4
x = -1.5899