Solve the problem. Round interest to the nearest percent and time to the nearest period.If the average annual inflation rate is 3
%, how long would it take to the nearest year for the general level of prices in the economy to triple?
A. 20 years
B. 10 year
C. 16 years
D. 32 years
Answer: D
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Solve the problem.A lumber yard has fixed costs of $5388.00 per day and variable costs of $0.54 per board-foot produced. Lumber sells for $2.54 per board-foot. How many board-feet must be produced and sold daily to break even?
A. 1749 board-feet B. 9977 board-feet C. 1796 board-feet D. 2694 board-feet
Simplify by using the order of operations. Round your answer to the nearest hundredth, if necessary.57 - 4.8 ? (0.58 + 4) - 1.32
A. 36.71 B. 240.77 C. 33.33 D. 237.39
Write the number in trigonometric form. Let 0° ? ? < 360°.2
+ 2i
A. 4(cos 60° + i sin 60°) B. 4(cos 330° + i sin 330°) C. 4(cos 150° + i sin 150°) D. 4(cos 30° + i sin 30°)
The simple interest note was discounted at 12%. Find the discount period in days and the proceeds to the nearest cent. A year is assumed to have 360 days for all calculations. Loan made: January 8Face value: $2300Length of loan: 120 daysSimple interest rate: 7%Date of discount: March 8
A. 60 days, $2326.21 B. 61 days, $2272.54 C. 61 days, $2252.14 D. 61 days, $2305.81