Choose the correct answer for the following:

1) What is the exact value of sin (120 degrees)?

Select one:

a.

b..866

c.3/2

d.-1/2

e.None of these

2) If I invest $10,000 at 5% compounded monthly, how much will I have in 8 years? Choose the closest answer.

Select one:

a.$5,000

b.$10,000

c.$15,000

d.$20,000

e.$25, 000

3) How much must be invested today at 10 %, compounded continuously, to be worth $165,000 in 5 years? Pick the closest answer. [Use e = 2.71]

Select one:

a.$150,000

b.$130,000

c.$110,000

d.$100,000

e.No amount will be enough

Workings are not required, just the correct answer is important.