Provide an appropriate response.Consider the following claim made by an investment broker: This product earns an APR of 15%, so for every dollar you invest, you will earn $15 after one year. Is the investment broker correct? Explain.
What will be an ideal response?
The investment broker is incorrect. Given an APR of 15%, for every dollar you invest, you will earn 
after one year. The investment broker apparently forgot to divide by 100 when converting the percentage to a decimal. Then again, maybe the investment broker is taking advantage of you. The APR sounds very high, too.
You might also like to view...
Divide. Write the answer in lowest terms and as a whole or mixed number where possible.28 ÷ 
A. 21
B. 37
C. 
D. 7
Find an equation for the rational function graph.
A. f(x) = 
B. f(x) = 
C. f(x) = 
D. f(x) = 
Find the exact value by using a sum or difference identity.sin 105°
A. - 
B. 
C. - 
D. 
Solve.A skating rink has the dimensions shown in the figure below. What is the area of the skating rink? Use 
and round to the nearest tenth.
A. 704 m2 B. 1018 m2 C. 1094 m2 D. 1408 m2