Solve the problem.Capital value is defined as
where k is the annual rate of interest compounded continuously. Find the capital value of an asset that produces $5000 yearly income at 8% compounded continuously. Round to the nearest dollar.
A. $71,429
B. $65,000
C. $62,500
D. $60,500
Answer: C
Mathematics
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A. 293 B. 303 C. 316 D. 347
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Simplify the expression.3
A.
B. 15
C. 62
D.
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Factor the polynomial completely using the grouping method.16x2 + 8x - 35
A. (4x - 5)(4x + 7) B. prime C. (4x + 5)(4x - 7) D. (4x - 5)(x + 7)
Mathematics
Is the following correspondence a function?
A. Yes B. No
Mathematics