Use the compound interest formulas A = P
nt and A = Pert to solve.Find the accumulated value of an investment of $1230 at 6% compounded annually for 5 years.
A. $1552.85
B. $1646.02
C. $1599.00
D. $1525.20
Answer: B
Mathematics
You might also like to view...
Solve the problem.Find the amount of money in an account after 9 years if $2500 is deposited at 6% annual interest compounded semiannually.
A. $4223.70 B. $4256.08 C. $4272.85 D. $4284.25
Mathematics
Graph the circle.x2 + y2 - 8x - 10y + 37 = 0
A. 
B. 
C. 
D. 
Mathematics
Determine the constant of variation for the stated condition.g varies directly as f, and g = 36 when f = 4.
A. k = 11
B. k = 
C. k = 32
D. k = 9
Mathematics
Write the decimal in words.2.195
A. two and one hundred ninety-five tenths B. two and one hundred ninety-five millionths C. two and one hundred ninety-five thousandths D. two and one hundred ninety-five hundredths
Mathematics