Solve the problem.After a new firm starts in business, it finds that its rate of profit (in hundreds of dollars) after t years of operation is given by
Find the profit in year 6 of the operation.
A. $17,000
B. $22,300
C. $26,400
D. $10,600
Answer: D
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Find the sum, sn, of the sequence.2, 4, 6, 8, . . ., 114
A. 3306 B. 3363 C. 3314 D. 116
Solve the problem.An investment of $13,335 earns 12% interest compounded monthly for 3 years. (a) What is the future value of the investment? (b) If money can be deposited at 8% compounded quarterly, find the present value of the investment.
A. (a) $19,079.32 (b) $15,043.85 B. (a) $18,890.40 (b) $8113.76 C. (a) $20,079.32 (b) $9113.76 D. (a) $15,026.21 (b) $7495.86
Write the fraction as a whole or mixed number.
A. 3
B. 4
C. 5
D. 4
Use mathematical induction to prove that the statement is true for every positive integer n.If 0 < a < 1, then an < an-1.(Assume that a is a constant.)
What will be an ideal response?