George is considering two different investment options the first option offers 7.4% per year simple interest on the initial deposit the second option offer a 6.5 interest rate but is compounded quarterly he may not withdraw any of the money for three years after the initial deposit once the minimum of three years is weeds he can choose to withdraw his money or continue to collect interest suppose that just opened one of each type of account and deposit $10,000 into each

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

3

step-by-step explanation:

because where the point where the 2 lines intersect is (3,-1) the x value is 3

just pick what you think i need more time let me know if this

step-by-step explanation: