11. A couple needs to get a loan of $5,000 and has to choose between three options.
- Option A: 3.25% compounded quarterly
Option B: 3.5% compounded every 4 months
Option C: 3.75% compounded semi-annually
If they make no payments for 5 years, which option will give them the least amount owed after 5
years? Use a mathematical model for each option to explain your choice.

$450 is the answer.

step-by-step explanation:

30% of 450 = 135

450-135=315

well there are two answers for that.

1: you need 120 ones then that will equal up to 120.

2: you could also do one 100 and 2 tens.

those are the answers that i have thought of.

answer is x<

the terms of a geometric sequence can be found by beginning with the first term and multiplying by the common ratio repeatedly. a recursive formula for a geometric sequence with common ratio r is given by an=ran−1 a n = r a n − 1 for n≥2 n ≥ 2 .

step-by-step explanation: