Solve the problem.An insurance fund invests $104,200 in real estate and earns 14% per year on the investment. How much money is earned per year?
A. $14,588
B. $744,286
C. $74,429
D. $145,880
Answer: A
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Solve the problem. Round to the nearest cent.Linda Young bought a new computer system. To pay for the system, she borrowed from the credit union at 6
% simple interest for 75 days. Find the interest owed. (Use a 365 day year.)
A. $128.01 B. $32.00 C. $26.30 D. $25.77
Solve the problem.Mike buys a bike for $2700. In the first month after he buys it, it depreciates by 8%. What is the value of the bike after 1 month?
A. $2692 B. $2484 C. $216 D. $2916
Provide an appropriate response.Suppose the Laus wish to save $36,000 for a down payment in three years. If they make payments at the end of every month into an account paying 7.5% compounded monthly, what size payments should they make?
Fill in the blank(s) with the appropriate word(s).
Determine whether the graph is the graph of a function.
A. Function B. Not a function