Solve the problem.Find the amount in a savings account at the end of 8 years if the amount originally deposited is $7000 and the interest rate is 5% compounded quarterly.Use: A = P
ntwhere:A = final amountP = $7000 (the initial deposit)r = 5% = 0.05 (the annual rate of interest)n = 4 (the number of times interest is compounded each year)t = 8 (the duration of the deposit in years)
A. $11,458.60
B. $7731.40
C. $226,800.00
D. $10,416.91
Answer: D
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Decide if the statement is true or false. <
A. True B. False
Solve the problem.Determine the unit price (to the nearest tenth of a cent) for the different sizes and indicate how much less the larger size is per unit. An 8-ounce can of Wholesome Mixed Vegetables sells for
and an 18-ounce can of Wholesome Mixed Vegetables sells for
A. 2¢ per ounce B. 2.4¢ per ounce C. 2.5¢ per ounce D. 2.3¢ per ounce
Find the center and radius of the circle.x2 + y2 = 64
A. Center: (0, 0); radius: 8 B. Center: (1, 1) ; radius: 8 C. Center: (0, 0) ; radius: 64 D. Center: (1, 1); radius: 64
Solve the equation. Make sure you check your final solution(s). -
= 7
A. x = 14
B. x = 56
C. x = 16
D. x =