Find the rate of interest required to achieve the conditions set forth.If Jay bought a lot for $8,000 and sold it 15 years later for $24,000, what was her percentage rate of return on this investment if it was compounded annually?
A. 9.6825%
B. 3.7995%
C. 8.7104%
D. 7.5990%
Answer: D
Mathematics
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Solve the problem.Haverty's Furniture owns a building with a replacement cost of $590,000 which is insured for $371,700 with an 80% coinsurance clause. The building has a fire loss of $20,500. How much will the insurance company pay?
A. $12,915 B. $20,500 C. $19,373 D. $16,144
Mathematics
Solve the equation.14(9x - 9) = 3x - 4
A.
B.
C. -
D.
Mathematics
Express the radical in simplified form.-
A. -25
B. 5
C. -5
D. 11
Mathematics
Write the fraction in lowest terms.
A.
B.
C.
D.
Mathematics