Solve the problem.Suppose you purchase an six-year bond for $7200. The face value of the bond when it matures is $9144. Find the APR.
A. 4.5%
B. 4.75%
C. 4.25%
D. 4%
E. 5%
Answer: A
You might also like to view...
Solve the problem.Find the center of mass of the rectangular solid of density defined by
,
,
.
A. = 1,
=
,
=
B. =
,
= 1,
=
C. =
,
=
,
=
D. = 2,
=
,
=
Solve the problem.The table lists how financial aid income cutoffs (in dollars) for a family of four have changed over time. Use the midpoint formula to approximate the financial aid cutoff for 1985.
A. $51,750 B. $17,625 C. $33,375 D. $20,250
Solve the problem.In how many ways can 6 people be seated in a row that has 3 vacant seats?
A. 84 B. 60,480 C. 720 D. 362,800
Find the area of the triangle by using Heron's formula. Round the answer to the nearest tenth. All sides are measured in inches.a = 8.9, b = 10.5, c = 14.5
A. 49.4 sq in. B. 52.4 sq in. C. 46.4 sq in. D. 55.4 sq in.