Question

Will give medal~ Model each investment as an equation, and then arrange the investments in ascending order (from least to greatest value) based on their values after three years. $2100 in a money market account that yields 12% per year $2800 in a term CD that yields interest of 4% per year $2520 in a savings account that yields interest of 5% per year

Answer 1

least to greatest in numbers

Answer 2

Using equation

F=P(1+i)^n where

F and P are the future and Present values and whereas n is the time period of the investment,n=3 in our case

From the calculations based on the above equation $2100 in a money market account that yields 12% per year is the greatest investment.