Anne wants to accumulate $25,000 by December 31, 2019. To accumulate that sum, she will make twelve equal quarterly deposits of $1,616.66 at the end of March, June, September, and December, beginning on March 31, 2016, into a fund that earns interest compounded quarterly. What annual rate of interest must the fund provide to yield the desired sum?
A. ?4.5%
B. ?6.5%
C. ?18%
D. ?26%
Answer: C
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Assume you have a balance of $3200 on your credit card that you want to pay off. Calculate your monthly payment and total payment under the given conditions. Assume you make no additional charges to the card.The credit card APR is 20% and you want to pay off the balance in 3 years.
A. $101.85; $3666.48 B. $178.92; $6441.16 C. $142.88; $5143.67 D. $118.92; $4281.24
Provide an appropriate response.A company produces a product for which the variable cost per unit is $3.50 and fixed cost is $20,000 per year. Next year, the company wants the total cost to be $48,000. How many units of the product should be made next year?
Fill in the blank(s) with the appropriate word(s).
Complete the identity.csc (2?) + cot (2?) = ?
A. cot ?
B. cot
C. tan
D. tan ?
Complete the identity. = ?
A. cos2 ? B. sin ? - 1 C. sin ? D. sin ? + 1