If P dollars are invested at the end of each year in an annuity that earns interest at an annual rate r, the amount in the account will be A dollars after n years, where If $2,200 is invested each year in an annuity earning 11% annual interest, when will the account be worth $25,000? Round to the nearest tenth.

a.  17.9 years
b.  11.4 years
c.  2.9 years
 d.  7.8 years


 d.  7.8 years

Mathematics

You might also like to view...

Find the quantity if v = 5i - 7j and w = 3i + 2j.

A.
B.
C. 2 - 
D.  - 

Mathematics

Find the exact values of the indicated trigonometric functions. Write fractions in lowest terms.Find sin A and cos A.

A. sin A = ; cos A = 
B. sin A = ; cos A = 
C. sin A = ; cos A = 
D. sin A = ; cos A = 

Mathematics

Which of the following is the graph of the given equation? ?   ?

A.
B.
C.
D. ?
E.

Mathematics

Solve the problem.Stephanie receives a salary of $650 per month plus a commission of 5.5% on the first $3,000 of sales, and 7% of all sales over $3,000. Find Stephanie's gross pay for the month if her sales were $10,870.

A. $2850.90 B. $715.90 C. $1365.90 D. $1575.90

Mathematics