Apple-Gate apartment complex uses the line graph of an exponential regression equation to model their rent increases over the past 5 years as compared to other complexes in the neighborhood.The Apple-Gate rent increases are less than other complexes in the area;therefore the slope of their graph should be steeper.

The National Museum has received a donation of $2,000,000 which is to be used to purchase new exhibits at the end of every three months. If the money earns 12% compounded annually, how much could be paid out every three months in perpetuity?

A) $60,000
B) $57,475
C) $24,000
D) $114,704
E) $72,895

If an interest rate of 8.9% compounded semiannually is charged on a car loan, what effective rate of interest should be disclosed to the borrower?