Solve the problem.Suppose you invest $P on a CD paying 4% interest compounded continuously for a term of 2.5 years. At the end of the term you get $8288.78 from the bank. Find the value of the original principal P. Round your answer to the nearest dollar.
A. $7500
B. $7750
C. $7475
D. $7495
E. $7525
Answer: A
Mathematics
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Solve the problem.Bill makes a $127.33 per month payment for 3 years to pay off a $4000 loan. What was the interest rate?
A. 8.5% B. 3.8% C. 4.9% D. None of the above is correct.
Mathematics
Solve the equation by factoring.12x2 - 5x - 25 = 0
A.
B.
C.
D.
Mathematics
Add or subtract and write the resulting polynomial in descending order of degree. +
A. 3x3 + x2 + x -
B. 3x3 + x2 + x -
C. 3x3 - x2 + x -
D. 2x3 + x2 + x -
Mathematics
Add or subtract. Simplify the answer.4 -
A.
B.
C. -
D.
Mathematics