Find the simple interest on a $3,000 investment made for 6 months at an interest rate of 8% per year. What is the future value?
?
INT = $ __________
?
?FV = $ __________
What will be an ideal response?
120; 3,120
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Use trial and error to factor the trinomial, or state that the trinomial is prime.3x2 + 22x - 35
A. (3x - 5)(x + 7) B. prime C. (3x - 7)(x + 5) D. (3x + 7)(x - 5)
Divide, if possible. Write the answer in simplest form.2 ÷ 8
A.
B.
C.
D.
Use a calculator to find the approximate value of the expression rounded to two decimal places.cos 9°
A. 0.99 B. 0.91 C. -0.91 D. -0.99
Which of the following statements about cash management systems is correct?
A. A lockbox system generally is used to effectively manage a firm's collections through concentration banking arrangements. B. A firm that has many divisions that are widely dispersed geographically will find that centralizing customers' payments is of little benefit. C. Disbursement float refers to the frequency with which a firm writes checks to pay its creditors. D. There are few actions a firm can take to improve its synchronization of cash flows. E. Zero-balance accounts are used to help a firm to manage its cash receipts.