Use the present value formula to determine the amount to be invested now, or the present value needed.The desired accumulated amount is $3100 after 2 years invested in an account with 5% interest compounded quarterly.
A. $3423.91
B. $2806.74
C. $293.26
D. $2811.79
Answer: B
Mathematics
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Perform the indicated operation. +
A. -
B.
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Mathematics
Solve the problem using the loan payoff table or an amortization table.A new fax machine cost Miller Ltd. $2098. They are to pay it off in 18 months at 8% interest. What will each monthly payment be, and how much interest will they pay on the loan?
A. $124.08, $135.44 B. $125.04, $152.72 C. $95.84, $-372.88 D. $94.89, $-389.98
Mathematics
Simplify the expression using the order of operations. Write the answer as an improper fraction where appropriate.(-3 - 2) ? (-2 + 5) - 52
A. 25 B. -40 C. 3 D. 10
Mathematics
Which of the following illustrations represents a circle graph? ?
A.
B.
C.
D.
E.
Mathematics