Decide whether the statement makes sense. Explain your reasoning.
What will be an ideal response?
No, the statement does not make sense. When interest is compounded, the annual return cannot be obtained by dividing the total return by the number of years. An APY of 6% for 10 years would have given an accumulated amount of P(1 + 0.06)10 which comes to 1.79P, a total return of 79% not 60%. In fact, the annual return corresponding to a total return of 60% over 10 years would be 1.61/10 - 1 which comes to 4.8%.
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Find the exact value under the given conditions.sin ? = - 
, 
< ? < 2?; cos ? = - 
, ? < ? < 
Find sin (? - ?).
A. 
B. 
C. 
D. 
Use a calculator to find the value of the expression rounded to two decimal places.sin-1 (0.7)
A. 0.80 B. 44.43 C. 45.57 D. 0.78
Write the first five terms of the geometric sequence with the given first term a and common ratio r.a = -8; r = -4
A. -4, 32, -128, 512, -2048 B. -8, -12, -16, -20, -24 C. -8, -32, -128, 512, -2048 D. -8, 32, -128, 512, -2048
?One type of compensation provided by the time value of money is compensation for expected consumption.
Answer the following statement true (T) or false (F)