Calculate the balance under the given assumptions.Find the savings plan balance after 8 years with an APR of 4% and monthly payments of $473.
A. $53,410.47
B. $4959.51
C. $45,398.90
D. $5834.72
Answer: A
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The future value of $7,000 deposited today and compounded quarterly at a 16% annual interest rate for five years is
A. $14,724. B. $14,702. C. $8,517. D. $15,338.
Solve the problem.Calculate the annual interest for a $1000 Treasury bond with a current yield of 2.5% that is quoted at 109 points.
A. $32.70 B. $22.50 C. $20.00 D. $27.25
Write the first five terms of the geometric sequence with the given first term a and common ratio r.a = 6; r = -5
A. 6, 30, 150, -750, 3750 B. 6, -30, 150, -750, 3750 C. 6, 1, -4, -9, -14 D. -5, -30, 150, -750, 3750
Which theoretical perspective was inspired by and aided by developments in computer science?
A. information processing B. social-cognitive learning C. classical conditioning D. behavioral modification