Solve the compound interest problem. Round to the nearest cent.$1360 is invested at 8% compounded daily for 8 years. Find the overall amount.

A. $2547.25
B. $2579.03
C. $2517.27
D. $2562.98


Answer: B

Mathematics

You might also like to view...

Determine whether the graph of the equation is symmetric with respect to the x-axis, the y-axis, and/or the origin.y = 1x4 + 4x - 7

A. y-axis B. x-axis C. origin D. x-axis, y-axis, origin E. none

Mathematics

Use the Gauss-Jordan method to solve the system of equations. If the system has infinitely many solutions, give the solution with y arbitrary. 6x + 4y = -4 5x + 7y = 4

A. ? B. {(2, -2)} C. {(-2, -2)} D. {(-2, 2)}

Mathematics

Provide the proper response.Write a ratio equal to the rate of 30%.

What will be an ideal response?

Mathematics

Simplify the expression. Express the answer so that all exponents are positive. Whenever an exponent is 0 or negative, we assume that the base is not 0.(x-2y)6

A. x12y6
B.
C.
D.

Mathematics