Solve the application problem. Round to the nearest cent.
Find the amount of each payment into a sinking fund if $7000 must be accumulated. Payments are made at the end of each quarter for 3 years, with interest of 6% compounded quarterly.
A. $536.76
B. $2298.66
C. $414.96
D. $590.03
Answer: A
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Use the graph of the function f(x) to locate the local extrema and identify the intervals where the function is concave up and concave down.
A. Local minimum at x = 3 ; local maximum at x = -3 ; concave up on (-?, -3) and (3, ?); concave down on (-3, 3) B. Local minimum at x = 3 ; local maximum at x = -3 ; concave down on (-?, -3) and (3, ?); concave up on (-3, 3) C. Local minimum at x = 3 ; local maximum at x = -3 ; concave up on (0, ?); concave down on (-?, 0) D. Local minimum at x = 3 ; local maximum at x = -3 ; concave down on (0, ?); concave up on (-?, 0)
Solve using the addition principle and/or the multiplication principle.2n - 5 = 5
A. 5 B. 12 C. 7 D. 8
Simplify. Assume that no radicands were formed by raising negative quantities to even powers.
A. 2
B. 
C. 
D. 6
Solve using the multiplication principle.144 = -9z
A. 1 B. -153 C. 153 D. -16