Solve the problem.If $3000 is invested at 7% compounded continuously, determine the balance in the account after 4 years.
A. $4069.39
B. $3840.00
C. $3969.39
D. $3932.39
Answer: C
Mathematics
You might also like to view...
Find the average value of the function over the given interval.f(x) = -2x + 8 on [-8, 4]
A. 24 B. 4 C. 144 D. 12
Mathematics
Solve the problem.Mari drops a ball from a height of 11 meters and notices that on each bounce the ball returns to about 
of its previous height. About how far will ball travel before it comes to rest?
A. 143 m B. 154 m C. 77 m D. 23.8 m
Mathematics
Approximate to the nearest hundredth.-61/2
A. 2.45 B. 36 C. -6 D. -2.45
Mathematics
Solve the problem.Four years ago, you invested $1000 in an account that returns 5.7% annually. The table shows the value of your investment at the end of each year.
Do these data represent a linear function?
A. No B. Yes
Mathematics