Solve the problem.Find the periodic payment of a loan with present value 
and an annual interest rate 
for a term of 3 years, with payments made and interest charged 12 times per year.
A. $441.35
B. $551.68
C. $1103.36
D. $993.03
Answer: B
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Find the location of the indicated absolute extremum for the function.Minimum
A. x = 1 B. x = -1 C. x = 2 D. x = -2
Solve the problem.$2500 is invested at 6% compounded quarterly. In how many years will the account have grown to $6000? Round your answer to the nearest tenth of a year.
A. 1.2 years B. 14.7 years C. 18.5 years D. 15.0 years
In order for a core competence to be considered a competitive advantage it must meet all of the following criteria EXCEPT
A. it must be rare B. it must be valuable C. it must be difficult to imitate D. it must be easily substitutable
Use front-end rounding to round each number. Then, add or subtract the rounded numbers to get an estimated answer. Finally, find the exact answer.estimate exact 
A. Estimate: 59; exact: 64.87 B. Estimate: 60; exact: 66.87 C. Estimate: 59; exact: 65.87 D. Estimate: 59; exact: 55.87