Solve the equation for the unknown quantity.y/4 + 1 = 9

A. -32
B. -34
C. 32
D. 34


Answer: C

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Interest calculated on the original principal regardless of the number of time periods that have passed or the amount of interest that has been paid or accrued in the past is

A. compound interest. B. simple interest. C. present value of future cash flows. D. future value of a single sum.

Rita deposited $8,000 in a savings account that provides for interest at the rate of 16% compounded quarterly. ? ? Required: ? Compute the balance in the account at the end of seven years.

What will be an ideal response?

Solve the problem.A deep sea diving bell is being lowered at a constant rate. After 12 minutes, the bell is at a depth of 400 feet. After 50 minutes the bell is at a depth of 1400 feet. What is the average rate of lowering per minute?

A. 28.0 ft per minute B. 26.3 ft per minute C. 20.0 ft per minute D. 0.04 ft per minute

Decide if the given number is a solution to the given equation.6x = 12; 9

A. No B. Yes