Rewrite the following number using digits.One hundred million, six thousand
A. 1006
B. 1,600,000
C. 100,006,000
D. 106,000,000
Answer: C
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If a square measures four inches on each side, what is its area?
A. 8 square inches B. 4 inches C. 4 square inches D. 16 inches E. 16 square inches
Find the effective rate corresponding to the given nominal rate. Round your answers to three decimal places.
?
6% / year compounded monthly
?
_____%
?
6% / year compounded daily
?
_____%
?
A. 6.183%, 6.136% B. 6.168%, 6.183% C. 6.136%, 6.000% D. 6.183%, 6.000%
Find the interest rate needed for the sinking fund to reach the required amount. Assume that the compounding period is the same as the payment period.$110,000 to be accumulated in 15 years; quarterly payments of $1200. Round to the nearest hundredth.
A. 5.42% B. 5.47% C. 5.43% D. 5.41%
Find fractional notation for the ratio. You need not simplify.In a three-point shooting contest, a basketball player attempted 20 shots and made 19 of them. Find the ratio of shots made to shots missed.
A. 
B. 
C. 
D. 