Solve the problem.You have money in an account at an APR of 5% compounded monthly. To the nearest year, how long will it take for your money to double?
A. 14 years
B. 8 years
C. 19 years
D. 11 years
Answer: A
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Solve the problem.Suppose you start saving today for a 
down payment that you plan to make on a condo in 4 years. Assume that you make no deposits into the account after your initial deposit. The account has quarterly compounding and an APR of 6%. How much would you need to deposit now to reach your 
goal in 4 years?
A. $6893.39 B. $5893.39 C. $5969.40 D. $6304.25
Solve the problem.Find tan 
, given that tan ? = 3 and ? terminates in ? < ? < 3?/2.
A. 
B. 
C. 
D. 
Solve the equation for the unknown quantity.9x = 27
A. 3
B. 
C. 243
D. 18
Solve the problem.
Suppose you invest $4000 in this fund today. How many shares will you buy? Round to three decimal places.
A. 3044.000 shares B. 1902.500 shares C. 525.624 shares D. 52.562 shares