Use the table to solve the problem. Round to the nearest cent.Barry Newman's savings account has a balance of $2118. After 7 years, what will the amount of interest be at 5% compounded annually?

A. $867.24
B. $853.24
C. $862.24
D. $1059.00


Answer: C

Mathematics

You might also like to view...

Find the perimeter.

A. 850 ft B. 835 ft C. 27,889 ft D. 1,002 ft

Mathematics

Describe the graph of the polar equation.r2 + 2r2sin ? cos ? = 121

A. Two horizontal lines passing through (0, ±11) B. Parabola opening to the right with vertex at (11, 0) C. Parabola opening upward with vertex at (0, 11) D. Two straight lines of slope -1, y-intercepts (0, ±11)

Mathematics

Simplify the exponential expression using the rules for exponents.-2

A.
B. 4c2
C. - 
D.

Mathematics

Find the inverse of the matrix.

A.
B.
C.
D.

Mathematics