If $8,000 is invested at 6.5% for 7 years, find the future value if the interest is compounded daily. Use a 365-day year.
?

A. $12,600.09
B. $12,608.88
C. $12,604.73
D. $12,609.08
E. $12,607.83


Answer: B

Mathematics

You might also like to view...

Tell which set or sets the number belongs to: natural numbers, whole numbers, integers, rational numbers, irrational numbers, and real numbers.

A. rational, real B. real C. irrational, real D. whole, real

Mathematics

Rationalize the denominator. Write the quotient in lowest terms.

A.
B.
C.
D.  

Mathematics

Complete the graph by shading the correct region.y < 4

A.

B.

C.

D.

Mathematics

Write the imaginary number using i.

A. 2i
B. -2i
C. -2
D. 2

Mathematics