Solve the problem. Round to the nearest cent.If $700,000 is to be saved over 14 years, how much should be deposited monthly if the investment earns 5% interest compounded monthly?
A. $2885.43
B. $2316.45
C. $2091.52
D. $2578.03
Answer: A
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When money is spent on goods and services, those that receive the money also spend some of it. The people receiving some of the twice-spent money will spend some of that, and so on. Economists call this chain reaction the multiplier effect. In a hypothetical isolated community, the local government begins the process by spending D dollars. Suppose that each recipient of spent money spends 100c% and saves 100s% of the money that he or she receives. The values c and s are called the marginal propensity to consume and the marginal propensity to save and, of course, c+s=1. The number k = 1/s is called the multiplier. What is the multiplier if the marginal propensity to consume is 90%?
Select the correct answer. a. 4 b. 3 c. 6 d. 7 e. 10
Find the indicated quantity.a25, when a1 = -1 and d = 
A. 
B. - 5
C. 3
D. - 
Use the graph and formula for f(x) to find the average rates of change of f from -4 to -1 and from 1 to 4.f(x) = 3x - 2
A. -3; 3 B. 3; 3 C. -3; -3 D. 2; 2
Use the rules of exponents to simplify. Write the answer with positive exponents. Assume that all variables represent positive values.
A. 126/13 B. 12-40/169 C. 1214/13 D. 1210/13 - 124/13