Mathematics, 30.03.2021 22:40 alex12everett
Two investments have identical future values of $10,000 with 10-year maturities. Option A has a 9% interest rate compounded annually. Option B has a 9% simple annual interest rate.
Which statements are accurate about the present values of these investments? Select all that apply.
Option B has a present value of $4,224.11.
Option A earns more interest than Option B.
Option B earns more interest than Option A.
Option A has a present value of $4,224.11.
Option A has a present value of $5,263.16
Option B has a present value of $5,263.16.
Answers: 3
Mathematics, 21.06.2019 17:30
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Question 3 (essay worth 10 points) (03.06 mc) part a: max rented a motorbike at $465 for 5 days. if he rents the same motorbike for a week, he has to pay a total rent of $625. write an equation in the standard form to represent the total rent (y) that max has to pay for renting the motorbike for x days. (4 points) part b: write the equation obtained in part a using function notation. (2 points) part c: describe the steps to graph the equation obtained above on the coordinate axes. mention the labels on the axes and the intervals. (4 points)
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Two investments have identical future values of $10,000 with 10-year maturities. Option A has a 9% i...
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