Provide an appropriate response.Find the amount by which the interest compounded annually is larger than the simple interest. Round to the nearest cent.Principal: $3062 Rate: 5% Years: 8

A. $237.17
B. $3299.17
C. $174.84
D. $2074.37


Answer: A

Mathematics

You might also like to view...

Provide an appropriate response.If f(x) =  + 2x, find: (a) f(1) and (b) f(-1).

Fill in the blank(s) with the appropriate word(s).

Mathematics

Multiply and check the product.

A. 1358 B. 12,691 C. 12,705 D. 12,698

Mathematics

Find the difference and simplify the answer.  

A.
B.
C. 1
D. 2

Mathematics

Solve the equation by factoring.15x2 - 4x = 0

A. {0}
B.
C.
D.

Mathematics