Question

67 x 45 /98

Answer 1

You are considering different investment strategies to save for your retirement.

Option 1: You invest $25/ month at a rate of 3.25% APR compounded monthly for 30 years.

Option 2: You invest $75/ quarter at a rate of 4.00% APR compounded monthly for 30 years.

Option 3: You invest $1,000 at a rate of 6.25% APR compounded monthly for 30 years.



Option # Contributions Total Interest Earned Final Balance
1 $25 $14 $800.50
2 $75 $53 $801.50
3 $1,000 $1,215 $820.00
Best Answer

Answer 2

where are the expressions ?

Answer 3

@xapproachesinfinity sorry I meant what equation

Answer 4

hey you posted one thing you need to post the expression
are you asleep hehehe

Answer 5

equation? you are not given any equation!
you mean expression

Answer 6

oh well anyway
let's simplify that thingy

Answer 7

sorry lol

Answer 8

\(2\log_212-\log_24+\log_23=2\log_2(4.3)-\log_22^2+\log_23\)
using log properties
\(=2[\log_24+log_23]-\log_2^2+\log_23\)

Answer 9

that middle term should be log_2(2^2) sorry

Answer 10

continue from there i have to leave now

Answer 11

just rememebe log_2(2^2)=2

Answer 12

wait

Answer 13

Sorry but i running out of time i really need to go lol

Answer 14

ok hold on

Answer 15

it should be \(2+3\log_23\)