Use A = P(1 + r)t to find the interest rate. Round to the nearest hundredth, if necessary.$3000 grows to $3696 in 2 years. Assume that interest is compounded annually.
A. 0.11%
B. 1.11%
C. 1.23%
D. 11%
Answer: D
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Use the average daily balance method to compute the finance charge on the credit card for the previous month.Month: February (28 days)Previous month's balance: $1250Interest rate: 20%
A. $16.60 B. $14.55 C. $17.97 D. $7.56
Provide an appropriate response.Rewrite as an exponential equation: log3 = -4
Fill in the blank(s) with the appropriate word(s).
Translate into an equation. Do not solve the equation.Thirty-six divided by what number is equal to two?
A. 36 - x = 2
B. = 2
C. 36x = 2
D. = 36
Solve the problem.A deep-sea diver dives from the surface to 135 feet below the surface. She then dives down 28 more feet. Represent this distance below the surface as an integer.
A. -166 ft B. -105 ft C. -163 ft D. -107 ft