Solve the application and answer with a complete sentence.Matthew has $4400 invested in the stock market. This amounts to 20% of his total savings. How much has Matthew saved?
A. Matthew has saved $220,000.
B. Matthew has saved $22,010.
C. Matthew has saved $22,100.
D. Matthew has saved $22,000.
Answer: D
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Find the area.
A. 12,055.75 m2 B. 13,778 m2 C. 18,944.75 m2 D. 228.25 m2
Solve the problem.Suppose you purchase a seven-year muni bond for $9600. The face value of the bond when it matures is $13,128. Find the APR.
A. %
B. 5%
C. 4.5%
D. 4%
E. 5.5%
Solve for the variable.1.2x = 0.048
A. 0.0004 B. 0.04 C. 0.4 D. 0.004
Solve the problem.The Feldmans bought their first house for Over the years they moved three times into bigger and bigger houses. Now, 43 years later, they are ready to retire and want a smaller house like the first one they bought. If inflation in property values has averaged
per year during that time, how much will such a house cost them now? (Round your answer to the nearest dollar.)
A. $70,612 B. $5010 C. $5112 D. $72,056