Solve the problem.You have a choice between a 30-year fixed rate loan at 4.5% and an ARM with a first-year rate of 2.5%. The ARM rate rises to 6.5% at the start of the third year. Neglecting compounding and changes in principal, estimate your monthly savings with the ARM during the first year on a $180,000 loan.
A. $280
B. $320
C. $300
D. $350
Answer: C
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= sec u
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Use the information given about the angle ?, 0 ? ? ? 2?, to find the exact value of the indicated trigonometric function.sec ? = 4, 0 < ? < 
Find cos 
.
A. 
B. 
C. 
D. 
The present value of $500,000 received at the end of five years discounted at 10% is
A. $805,255. B. $310,461. C. $306,957. D. none of these