Cumulative Exam — Cumulative exam Answers

Stan wants to start an IRA that will have $250,000 in it when he retires in 25 years. How much should he invest semiannually in his IRA to do this if the interest is 6% compounded semiannually? Assume an Annuity Due. Round to the nearest cent.

An artist wishes to make a canvas in the shape of a golden rectangle. He only has enough framing material for a perimeter of 36 in. What would be the dimensions of the canvas?

Determine the amplitude of the function . a. -1 c. b. - d. 2 Please select the best answer from the choices provided

Find the perimeter of a square with each side measuring 2 inches.

The floorplan of a house is drawn to a scale of 1 inch:5 feet. The actual dimensions of the family room are 20 feet by 24 feet. What are the dimensions of the family room on the floorplan?

Angela bought a computer for $3,100. It depreciated 24% of its original cost in the first year. In the second year, it depreciated 14% of its remaining value. What is the value of the computer at the end of the second year? Round your answer to the nearest cent.

Your current CD matures in a few days. You would like to find an investment with a higher rate of return than the CD. Stocks historically have a rate of return between 10% and 12%, but you do not like the risk involved. You have been looking at bond listings in the newspaper. A friend wants you to look at the following corporate bonds as a possible investment. If you buy five of the XYZ bonds with $8 commission for each, how much will it cost?

You are borrowing $4,285 to purchase a computer using a 36 month installment plan. Determine the annual percentage rate (APR) and the monthly payment given that the interest charge is $513.26. Round your answer to the nearest whole percent and to the nearest cent.

A flower bed in the corner of your yard is in the shape of a right triangle. The perpendicular sides of the bed measure 10 feet and 12 feet. Calculate the area of the flower bed.

Use the diagram, which is not drawn to scale, to find AD if you know that AC = 24 and BC = 12.

Find tan A for the triangle below.

Use the diagram of the right triangle above and round your answer to the nearest hundredth. If º and a = 10 meters, find b.

Choose the graph of the following function: Graph A Graph B Graph C Graph D

At the age of 28, you decide to invest into a 20-Year Endowment insurance policy. The face value for the policy that you are interested in is $91,500. Using the provided table, determine the annual premium for a 28-year-old healthy female seeking a 20-Year Endowment. Use the table provided below and round your answer to the nearest cent where necessary.

When graphing a sine curve model using the equation , the period (or wavelength) will be represented by , so . Determine the equation for the sine curve that models the G# wave if the wavelength of G# = 0.828 meters. a. b. c. d. Please select the best answer from the choices provided

Examine the following typical corporate bond listing: In the name column, NYTel is the abbreviated name of the company (New York Telephone) issuing the bond. What was the previous closing price of the bond? What was the dollar amount?

The mass, Q, of a sample of Tritium (a radioactive isotope of Hydrogen), decays at a rate of 5.626% per year. Given a quantity of 726 grams, determine the graph that best models the decay of this radioactive substance. a. c. b. d. Please select the best answer from the choices provided

Your father, at the age of 40, purchased a Whole Life insurance policy with a face value of $110,000. The permanent insurance amount for a Whole Life insurance policy for a healthy 40-year-old male is $27.17. Your father decided to terminate the policy at the age of 47. Determine the annual premium and use the table below to determine the value of the Extended term insurance policy.

Triangle ABC has coordinates A(-3,3), B(3,2) and C(-1,-4). If the triangle is reflected over the y-axis, what are the coordinates of the image triangle ? a. c. b. d. Please select the best answer from the choices provided