Solve the problem.How much money needs to be invested now to get $2000 after 4 years at 8% compounded quarterly? Express your answer to the nearest dollar.

A. $2746
B. $1848
C. $584
D. $1457


Answer: D

Mathematics

You might also like to view...

Write as a percent.0.631

A. 0.0631% B. 0.631% C. 631% D. 63.1%

Mathematics

Solve the problem.There are 100 centimeters in 1 meter. What fraction of a meter is 38 centimeters? Write your answer in lowest terms.

A.
B.
C.
D.

Mathematics

The given pattern continues. Write down the nth term of the sequence {an} suggested by the pattern.1, , ...

A. an = 
B. an = 
C. an = 
D. an = 

Mathematics

Solve the triangle given below. Do not round results during calculations. (For answers, round lengths to three significant digits and angles to the nearest tenth of a degree).A = 31.0°, a = 4,820 mi, c = 3,650 mi 

A. C = 14.8°, B = 134.2°, b = 5,730 mi B. C = 23.0°, B = 126.0°, b = 7,570 mi C. C = 126.0°, B = 23.0°, b = 7,570 mi D. C = 23.0°, B = 126.0°, b = 5,730 mi E. No solution.

Mathematics