Solve the problem.Southwest Dry Cleaners believes that it will need new equipment in 9 years. The equipment will cost $26,000. What lump sum should be invested today at 5% compounded semiannually, to yield $26,000? Round to the nearest cent.
A. $20,905.81
B. $20,775.96
C. $23,097.31
D. $16,670.31
Answer: D
You might also like to view...
Convert the numeral to Hindu-Arabic form.
A. 88,160 B. 88,360 C. 83,479 D. 79,378
Identify a method whereby a random sample can be selected from the population.The organizer of a contest would like to select a random sample of 20 prizewinners from the 627 contestants who correctly answered all questions.
A. Select the first 20 contestants whose names begin with the letter C. B. Choose the 20 responses which have the earliest postmark. C. Construct a spinner with ten 36° sectors numbered 0, 1, 2, 3, 4, 5, 6, 7, 8, and 9. Assign each contestant a number from 001 to 627. Generate a random sequence of three-digit numbers by repeatedly spinning the spinner 3 times. Ignore any number greater than 627, any number already obtained, or 000. When 20 appropriate numbers have been generated, they can be used to identify the contestants to be included in the sample.
Write the expression as one logarithm.log5 9 - log5 a
A. log5 
B. log10 
C. log5 
D. log5 9 - a
Find an equation of the line in general form that passes through the point (-6, 6) and is parallel to the line 
.
?
A. 
B. 
C. 
D. ?
E. ?