A large conglomerate estimates that a new plant will yield an annual rate of return of
thousand dollars. If the interest rate is 9%, what is the present value of the income generated in the first three years of the plant's operation?Enter just an integer (no units) representing the amount to the nearest dollar.
Fill in the blank(s) with the appropriate word(s).
12204000
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Solve the problem. Round to the nearest cent.Bob deposits $5000 at the end of each year in an ordinary annuity paying 3% interest compounded annually. Find the amount he will have on deposit after 12 years.
A. $65,960.15 B. $78,088.95 C. $70,960.15 D. $64,038.98
A parking lot is to be constructed in the shape below. If the concrete used has to be 5 thick, what volume of concrete (in cubic feet) is required?
Use a combination of rules for exponents to simplify. Write answers with only positive exponents. Assume that all variables represent nonzero real numbers.-4
A.
B.
C.
D.
An auto manufacturer wants to determine the relation between average speed and miles per gallon for her new economy vehicle. The table shows the results from six average speed tests.
Use the least squares regression line to estimate the miles per gallon for 34 mph. Round your answer to two decimal places, if necessary
a. 57.05
b. 64.25
c. 49.55
d. 56.85