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:
(-1,6)
Explanation:
use (y1-y2), (x1-x2)
Answer:
a constant
Step-by-step explanation:
Y = 62 degrees
Because corresponding angles are equal.
Answer:
Step-by-step explanation:4log(5) = log(5^4) = log(625).
This problem involves using one of the properties of logs, where a coefficient (in this case the "4") for a logarithm equals the "inside of a logarithm" raised to power of whatever number the coefficient is.
The property in mathematical terms is: Alog(B) = log(B^A).
So, 4log(5)= log(5^4) = log(625)
