Find the payment necessary to amortize the loan. Round to the nearest cent.$1000, 9% compounded annually,18 annual payments
A. $114.21
B. $117.05
C. $74.26
D. $111.73
Answer: A
You might also like to view...
Calculate the sum.(-5) + (+8)
A. 13 B. 3 C. -3 D. -13
First, rewrite each equation in exponential form. Then, use a table of coordinates and the exponential form to graph the logarithmic function. Begin by selecting -2, -1, 0, 1 and 2 for y. Finally, based on your graph, describe the shape of a scatter plot that can be modeled by f(x) = log b x, 0 < b < 1.y = log1/2 x
A.
decreasing,
although rate of decrease is slowing down
B.
increasing
C.
increasing,
although rate of increase is slowing down
D.
decreasing,
although rate of decrease is slowing down
Solve the problem.A student is told to work any 7 out of 10 questions on an exam. In how many different ways can he complete the exam? (The correctness of his answers has no bearing.)
A. 120 B. 10,000,000 C. 720 D. 21
Use the Distributive Property to find the product.-5x(-11x - 8)
A. 95x2 B. 55x2 + 40x C. 55x2 - 8x D. -11x2 + 40x