Compute the compound interest.How long must $5500 be in a bank at 8% compounded annually to become $16,154.56? (Round to the nearest year.)

A. 14 yr
B. 13 yr
C. 16 yr
D. 15 yr


Answer: A

Mathematics

You might also like to view...

Use the pH scale to answer the question.If the pH of a solution increases by 4, how much does the hydrogen ion concentration change? Does the change make the solution more acidic or more basic?

A. Decreases by a factor of 10,000; more basic B. Increases by a factor of 40; more acidic C. Increases by a factor of 10,000; more acidic D. Decreases by a factor of 40; more basic

Mathematics

Simplify the expression.2  (s ? 0)

A.
B.
C.
D.

Mathematics

Find the zero of the linear function.G(x) = - x - 8

A. - 
B.
C. 24
D. -24

Mathematics

If  with A in QI, and  with B in QIV, find

?


What will be an ideal response?

Mathematics