Solve the problem, using the table.You buy a 3-year CD for $7500 that earns 5% interest compounded daily. After three years the compound amount will be used to buy a 4-year CD that earns 6% interest compounded daily. Find the final amount you will have after 7 years. 

A. $16,213.67
B. $17,427.34
C. $11,077.03
D. $8713.67


Answer: C

Mathematics

You might also like to view...

Find the linearization L(x) of f(x) at x = a.f(x) = , a = 0

A. L(x) = - x
B. L(x) = - x
C. L(x) = x
D. L(x) = x

Mathematics

Solve the absolute-value inequality. < 8

A. , or  ?  
B. , or 
C. , or 
D. , or 

Mathematics

Convert as indicated. If necessary, round to the nearest tenth of a degree.49°C to degrees Fahrenheit

A. 47.2°F B. 11.6°F C. 120.2°F D. 56.2°F

Mathematics

Solve the problem.Tickets to a ballet cost $14 if bought in advance. If bought at the door, they cost $24. For the ballet to make a profit, the total money collected from ticket sales must be at least $380. (a) Write an inequality to represent this situation, using x for the number of tickets bought in advance and y for the number of tickets bought at the door. (b) Graph the inequality. Because x and y must be whole numbers, restrict the graph to Quadrant I. (c) Can the ballet make a profit if it sells 30 tickets in advance and 10 tickets at the door?

A. (a) 14x + 24y ? 380
(b)

(c) yes

B. (a) 14x - 24y ? 380
(b)

(c) no

C. (a) 14x + 24y ? 380
(b)

(c) no

D. (a) 14x - 24y ? 380
(b)

(c) yes

Mathematics