Find the indicated sum.
A. 18
B. 14
C. 20
D. 30
Answer: D
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What is the formula for the present value of an annuity due?
A. 
B. 
C. 
D. 
Solve the problem.You just put $1909 in a CD that is expected to earn 7% compounded monthly, and 
in a savings account that is expected to earn 4% compounded annually. Determine when, to the nearest year, the values of your two investments will be the same.
A. 59 years B. 18 years C. 32 years D. 46 years
Complete the identity.1 - 
sin (2?) = ?
A. 
B. 
C. 
D. 
You need a loan of $100,000 to buy a condo. Calculate your monthly payments and total closing costs for each choice.Choice 1: 30-year fixed rate at 4.5% with closing costs of $1341 and no pointsChoice 2: 20-year fixed rate at 4% with closing costs of $1341 and 4 points
A. Choice 1: $506.69; $1341 Choice 2: $605.98; $5341 B. Choice 1: $516.61; $1341 Choice 2: $615.99; $2682 C. Choice 1: $510.04; $1341 Choice 2: $609.07; $5091 D. Choice 1: $496.67; $1341 Choice 2: $595.94; $5141