You have decided to invest a fixed percentage of your salary in the stock market at the end of each year. This year (today) you will invest $5 000. For the next five years, you expect that your salary will increase at an 8 percent annual rate and you will increase your savings at 8 percent per year. Thus, there will be a total of six investments ($5 000 today plus five more).

(a) What is the present worth of your investment if the stock market yields a 12 percent annual rate?
(b) What is the present worth of your investment if the market yields only 6 percent?


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Beside maintaining pressure on the contacts for current carrying capacity, the pressure springs have a second important function. This is to ____.

A. keep the contacts in line B. help obtain equal contacts against the stationary contacts C. slow down the pull of the armature into place to reduce the noise D. increase the power required to close the contacts

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Which of the following computer memory categories is volatile?

A. RAM B. ROM C. PROM D. EEPROM

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What will happen if the operator grinds a tungsten electrode so the grind marks run around the diameter of the tungsten?

A) The TIG operator could lose control and break the tungsten. B) The grinding marks will cause the arc to make even ripples in the weld. C) An unstable arc may result. D) The grinding marks will cause the arc to make deeper weld penetrations.

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The inductive proximity detector senses only a metal target and the capacitor proximity senses only a nonmetallic target.

Answer the following statement true (T) or false (F)

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