Find the payment necessary to amortize the loan.$90,000; 8% compounded annually; 10 annual payments
A. $14,407.15
B. $13,412.62
C. $12,606.81
D. $13,410.62
Answer: B
You might also like to view...
?Find the volume of the following sphere in cubic feet: r = 18 in. Round answer to nearest whole number. Use ? = 3.14.
A. ?13 ft3 B. ?14 ft3 C. ?24,417 ft3 D. ?24,417 ft2 E. ?15 ft3
Find the x- and y-intercepts for the equation. Then graph the equation.
x + 
y = -2
A. 
, (0, 10)
B. 
, (0, -10)
C. 
, (0, 10)
D. 
, (0, -10)
The year it incorporated, a company had sales of $280,000. Its sales were expected to increase by $100,000 annually for the next several years. If the forecast was correct, what will sales be in 7 years? ?
A. $875,000 B. $980,000 C. $910,000 D. $770,000 E. $1,180,000
Solve and check.On a clear day, the distance d (in miles) that a lookout on a ship can see to the horizon from height h (in feet) can be approximated by the formula 
How high must a lookout climb to see a ship 16.5 miles away? Round to the nearest foot.
A. 326 ft B. 138 ft C. 189 ft D. 272 ft