4. Compare using <> or =
-5
O
-9

Given the choice between receiving $1.000.000 in one month or a single penny-doubled everyday for the period of one month; which option would you choice? show your work to support your answer. (assume that 1 month=30 days)

Trish receives $450 on the first of each month. josh receives $450 on the last day of each month. both trish and josh will receive payments for next four years. at a discount rate of 9.5 percent, what is the difference in the present value of these two sets of payments?

What is the explicit formula for this sequence? -7, -4, -1, 2, a.) an = 8 + (b - 1)3 b.) an = -7 + (n - 1)3 c.) an = 3 + (n -1) (-7) d.) an = -7 + (n - )