Answer:
The answer is "Option C"
Step-by-step explanation:
The using formula
→r = rate
→ n = compounded value
In choice a:
When compounded is monthly
In choice b:
When compounded is quarterly
In choice c:
Whenn compounded is daily
In choice d:
When compounded is semiannually
You know 1 is not a root because the sum of the coeffcients of the equation is 14, not zero.
It is fairly easy to try 3 by synthetic division (see attachment), which tells you that 3 is a root and the remaining quadratic factor is x²-3x-5. The quadratic formula tells you the roots of that factor are
... x = (-b±√(b²-4ac))/(2a) = (3±√29)/2
The appropriate choices are
... C. (3-√29)/2
... D. (3+√29)/2
... F. 3
_____
The quadratic formula tells you the solution to
... ax²+bx+c=0
is x = (-b±√(b²-4ac))/(2a)
We have a=1, b=-3, c=-5.
