Find the future value P of the amount P0 invested for time period t at interest rate k, compounded continuously. P0 = $1,580,000, t = 15 yr, k = 3.1%
A. $1,942,724.78
B. $2,515,382.42
C. $199,563,907.55
D. $76,128,663.25
Answer: B
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Solve.A clothing company sells jackets for $240 per jacket. The company's fixed costs are $5000 and the variable costs are $230 per jacket. Use a graph to determine the break-even point for production.
A. (1000, 240,000) B. (500, 240,000) C. (500, 120,000) D. (1000, 120,000)
Write the statement in symbolic form.p: Manuel is Carmen's brother.q: Carmen is Manuel's sister. Manuel is not Carmen's brother if and only if Carmen is not Manuel's sister.
A. p ? ~ q B. ~ p ? ~ q C. ~ p ? ~ q D. ~ p ? ~ q
Solve the problem.A bank gives three loans totaling $330,000 to a development company for the purchase of three business properties. The largest loan is $38,000 more than the sum of the other two. Find the amount of the largest loan.
A. $192,000 B. $184,000 C. $195,000 D. $180,000
Simplify the expression. Write your answer without negative exponents. Whenever an exponent is negative or zero, assume that the base is not zero.
A.
B.
C.
D.