Solve the problem.After 4 years of continuous compounding at 12.1% the amount in an account is $11,700. What was the amount of the initial deposit?
A. $6040.87
B. $7210.87
C. $18,983.85
D. $17,813.85
Answer: B
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Answer the question.Which of the following quantities of interest would be most difficult to determine?
A. The percentage of second graders who read above grade level B. The number of children living below the poverty line C. The number of children not counted in the last census D. The percentage of children who brush their teeth at least twice a day
Calculate the maximum error of the value indicated.ln 1.055 using four terms of the appropriate series expansion.
A. 1.5 × 10-3 B. 2.3 × 10-6 C. 5.5 × 10-5 D. 1.0 × 10-7
Find a formula for the nth term of the sequence.-8, -7, -6, -5, -4 (integers beginning with -8)
A. an = n - 8 B. an = n + 8 C. an = n - 7 D. an = n - 9
Solve the problem.A rectangular piece of tin has an area of 450 square inches. A square of 2 inches is cut from each corner, and an open box is made by turning up the ends and sides. If the volume of the box is 572 cubic inches, what were the original dimensions of the piece of tin?
A. 11 in. by 24 in. B. 13 in. by 28 in. C. 17 in. by 32 in. D. 15 in. by 30 in.