Solve the problem.Find the present value of the deposit. $2000 at 8% compounded monthly for 7 years. Round to the nearest cent.
A. $3438.84
B. $1144.54
C. $1200.54
D. $3494.84
Answer: B
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Write the number in scientific notation. One milligram is about 0.015430 grain.
A. 0.1543 × 10-1 B. 15.43 × 10-3 C. 1.543 × 10-2 D. 1.543 × 10-3 E. 0.015430 × 10-2
Evaluate the improper integral.
A.
B.
C.
D.
Graph the exponential function and state the domain and range.y = 2-x
A. Domain: (0, ?), Range: (0, ?)
B. Domain: (-?, ?), Range: (0, ?)
C. Domain: (-?, ?), Range: (-?, 0)
D. Domain: (-?, 0), Range: (-?, 0)
Solve the problem.The rate of return of certain investments increases as the risk factor of the investment increases. An investment with a risk factor of 2 has a rate of return of 5.0%. An investment with a risk factor of 24 has a rate of return of 12.0%. What is the average rate of return per unit of risk?
A. 1.90% per unit risk B. 0.32% per unit risk C. 0.53% per unit risk D. 3.14% per unit risk