Provide an appropriate response.The process of amortization includes which of the following?

A. a specific length of time
B. equal payments
C. variable rates
D. both equal payments and a specific length of time


Answer: D

Mathematics

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Solve the problem.The Mathematics Department is holding an election for department chair. Each member ranks the candidates from first to third. The voter profile below shows the results of the ballots with candidates Clark (C), Jones (J), and Smith (S). Determine the winner using the Borda count method and state whether the winner received a majority of votes.

A. Jones; no B. Smith; no C. Smith; yes D. Jones; yes

Mathematics

Solve the problem.Barbara knows that she will need to buy a new car in 5 years. The car will cost $15,000 by then. How much should she invest now at 5%, compounded quarterly, so that she will have enough to buy a new car?

A. $12,340.54 B. $11,193.23 C. $13,257.81 D. $11,700.13

Mathematics

Solve the inequality. Express your answer using interval notation. + 4 ? 6

A. (-?, 5] ? [9, ?) B. [9, ?) C. [5, 9] D. (5, 9)

Mathematics

Use properties of logarithms to condense the logarithmic expression. Write the expression as a single logarithm whose coefficient is 1. Where possible, evaluate logarithmic expressions. log3 x + log3 y

A. log3(y)
B. log3
C. log3 
D. log3 

Mathematics