Find the interest rate needed for the sinking fund to reach the required amount. Assume that the compounding period is the same as the payment period.$60,000 to be accumulated in 10 years; annual payments of $3940. Round to the nearest hundredth.
A. 9.11%
B. 9.64%
C. 9.83%
D. 9.05%
Answer: D
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Write the number in words.135,060
A. Thirteen thousand, five hundred six B. One million, thirty-five thousand, sixty C. Thirteen thousand, five hundred sixty D. One hundred thirty-five thousand, sixty
Solve the problem.The function 
models the amount, f(x), in billions of dollars of new student loans x years after 1993. According to the model, in what year is the amount loaned expected to reach $45.75 billion?
A. 2023 B. 2018 C. 2021 D. 2022
In order to prepare her budget, Sue gathers receipts for all major expenses she has had over the last month. Round the figure to the nearest dollar.Tuition payment, $6514.91
A. $6514 B. $6514.9 C. $6514.91 D. $6515
Multiply. Express the product in lowest terms.
? 
A. 
B. 
C. 
D. 