Find the indicated sum.
A. 54
B. 162
C. 108
D. 81
Answer: B
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To calculate the present value of an annuity due the formula is:
Answer the following statement true (T) or false (F)
Find the monthly interest payments in the situation described. Assume that monthly interest rates are 1/12 of annual interest rates. Derek bought a new car for $34,000. He made a down payment of $18,000 and financed the balance through the car dealer. He was unable to make the first monthly payments. Until he makes a payment he is paying 2% interest per month on the balance.
A. $680 B. $3840 C. $320 D. $8160
Answer the question.You put $192 per month in an investment plan that pays an APR of 5% compounded monthly. How much money will you have after 19 years? Compare this amount to the total amount of deposits made over the time period.
A. $72,881.41; this is $18,161.41 more than the total amount of the deposits. B. $72,834.57; this is $29,058.57 more than the total amount of the deposits. C. $72,787.79; this is $36,307.79 more than the total amount of the deposits. D. $61,909.38; this is $29,058.57 more than the total amount of the deposits.
Establish the identity.cos2x - sin2x = 1 - 2 sin2x
What will be an ideal response?