Adrian owns an older used car that is valued at about $1,000. He is considering whether to change his car insurance policy.

He has the option to purchase additional coverage for $200/month that will protect his vehicle if it is damaged in an accident. If there is an accident, the insurance company will pay Adrian the amount his vehicle is worth.

Purchasing insurance can help Adrian risk.

Adrian’s best decision in this case is to because the policy is

The movement of an economy from one condition to another and back again

If his parents cannot alex with college, and two of his scholarships will be awarded to other students if he does not accept them immediately, which is the best option for him?

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $