Calculate the future value when P=$4,500, r=10% compouned monthly, and t=5 years. Round to the nearest cent.

a.  $7,403.89
b.  $6,750.00
c.  $9,482.32
d.  $4,690.65
e.  $11,830.03


a.  $7,403.89

Mathematics

You might also like to view...

Find all the first order partial derivatives for the following function.f(x, y, z) = cos x sin2 yz

A.  = -sin x sin2 yz;  = z cos x sin yz cos yz;  = y cos x sin yz cos yz
B.  = -sin x sin2 yz;  = 2z cos x sin yz cos yz ;  = 2y cos x sin yz cos yz
C.  = sin x sin2 yz;  = -2z cos x sin yz cos yz;  = - 2y cos x sin yz cos yz
D.  = sin x sin2 yz;  = - cos x sin yz cos yz;  = -cos x sin yz cos yz

Mathematics

Write the answer to the problem as an algebraic expression.Bill is q years old. How old will he be in 8 years? How old was he 4 years ago?

A. q8; 3 - 4 B. q + 8; 4 - 3 C. q + 8; q - 4 D. q + 4; q - 8

Mathematics

Graph the line, finding intercepts to determine two points on the line.3x - 9y = 0

A. x: (0, 0); y: (0, 0)

B. x: (0, 0); y: (0, 0)

C. x: (0, 0); y: (0, 0)

D. x: (0, 0); y: (0, 0)

Mathematics

Find the root.

A. 3
B. 2
C. not a real number
D.

Mathematics