Find the amount that should be set aside today to yield the desired future amount. Round to the nearest cent.
A. $5342.53
B. $1172.99
C. $5327.01
D. $7931.24
Answer: C
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If the number given is a mixed number, convert it to a fraction. If the number is given as a fraction, convert it to a mixed number.
A. 6
B. 7
C. 6
D. 5
Answer the question.If y = sin ?, what is sec ? in terms of y?
A. sec ? = 
B. sec ? = 
C. sec ? = 
D. sec ? = 
Solve the problem.Use the table to find the APR to the nearest whole percent. Assume that all interest rates are annual rates.
Sue took out a 24-month, $19,000 add-on loan at an interest rate of 8.1% to pay off her SUV.
A. 13% B. 15% C. 14% D. 16%
Solve the problem.Find the value of a retirement savings account paying an APR of 6.2% after 40 years (contributions made at the end of each year, including the last year) when the annual contribution is $2700. Round your answer to the nearest cent.
A. $439,457.86 B. $411,259.75 C. $469,404.24 D. $486,451.91 E. $434,574.99