Solve the problem. Round your answer to the nearest whole number.The capital value of an asset is defined as
, where k is the annual rate of interest compounded continuously and R(t) gives the annual rate at which earnings are produced by the asset at time t. Find the capital value of an asset that produces $5000 yearly income at 7% compounded continuously.
A. $70,000
B. $83,333
C. $75,000
D. $71,429
Answer: D
Mathematics
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Evaluate the expression without a calculator.-(40) + (-14)0
A. -10 B. -2 C. 0 D. 1
Mathematics
Find fraction notation for the percent notation in the problem.The current annual rate of inflation is 4.6%.
A.
B.
C.
D.
Mathematics
Find the foci of the given hyperbola.y2 - x2 - 14y + 12x - 36 = 0
A. (6, 7 + ), (6, 7 -
)
B. (6, 7 + 7), (6, 7 - 7
)
C. (0, 7), (0,- 7
)
D. (6 + 7, 7), (6 - 7
, 7)
Mathematics
Divide. Express the quotient in lowest terms. ÷
A.
B.
C. -
D.
Mathematics