Find the exact value under the given conditions.cos ? = -
,
< ? < ?; sin ? =
,
< ? < ? Find tan(? - ?).
A.
B.
C. -
D. -
Answer: D
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If $100,000 is invested on December 31, 2016 to earn compound interest semiannually, and if the future value on December 31, 2022, is $225,219 what is the semiannual interest rate on the investment?
A. 7% B. 6% C. 5% D. 8%
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On January 1, 2016, Bob's Meat Market leased some equipment from another company. The lease contract calls for $12,000 annual payments for eight years, beginning on December 31, 2016. ? Required: ? Calculate the present value of the lease payments on January 1, 2016. Assume a 6% interest rate.
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