Solve.If a $6000 investment compounded to
after 2 years, determine the annual interest rate of the investment. Use the compound interest formula A = P(1 + r)t.
A. 70%
B. 7%
C. 700%
D. 0.7%
Answer: B
Mathematics
You might also like to view...
Use a day counting table to determine the due date of the loan if the loan is made on the given date for the given number of days.March 25 for 60 days
A. May 19 B. May 24 C. March 1 D. June 9
Mathematics
Answer the following statement(s) true (T) or false (F)
Teachers should define the mode as, "The most frequently occurring number in a data set."
Mathematics
Match the graph of the rational function with its equation.
A. f(x) =
B. f(x) =
C. f(x) =
D. f(x) =
Mathematics
Perform conversions between percents, decimals, and fractions to complete chart. Write any repeating decimals with as few digits as possible.
A.
B.
C.
D.
Mathematics