Find the effective interest rate for the specified account.nominal yield, 9%; compounded monthly
A. 9.38%
B. 109.38%
C. 0.75%
D. 0.09%
Answer: A
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Solve the problem.A computer manufacturer has three outlet stores that sell its four computer systems. The following table shows the numbers of systems sold by the three stores in July. 
The prices of the systems are: $1200 for System 1, $1500 for System 2, $1600 for System 3, and $2100 for System 4. Write the information from the table as a 4 x 3 matrix B. Write a row matrix A for which the entries represent the prices for the systems. If C = AB, find c11 . What does this entry of C represent?
A. c11 = 153,000. c11 represents the sales of System 2 at all stores in July. B. c11 = 173,000. c11 represents the total sales at Store 3 in July. C. c11 = 163,000. c11 represents the total sales at Store 1 in July. D. c11 = 185,000. c11 represents the total sales at Store 1 in July.
Provide an appropriate response.As James bought his textbooks for classes one semester, he estimated the cost to the nearest ten dollars. He knew he could cover the cost up to $315. His math book cost $68.41, biology text was $105.35, literature text cost $72.49, and the AutoCAD text was $59.91. What rounded sum did James determine? Could he buy all his books at this time?
A. $305; yes B. $320; no C. $310; yes D. $306.16; yes
Divide.
A. 9x6 + 3x4 + 5x2 B. 9x4 - 3x2 - 5 C. 9x4 + 3x2 + 5 D. 36x4 + 12x2 + 20
Divide.
A. 6121 B. 6122 C. 6119 D. 6120