Solve the problem.Mark wants to start an IRA that will have  in it when he retires in  How much should he invest quarterly in his IRA to do this if the interest is 4% compounded quarterly?

A. $2242.13
B. $3440.66
C. $3453.66
D. $10,025.97


Answer: C

Mathematics

You might also like to view...

Find the first five terms of the infinite sequence whose nth term is given.an = n2 - n

A. 2, 6, 12, 20, 30 B. 0, 2, 6, 12, 20 C. 0, 3, 8, 15, 24 D. 1, 4, 9, 16, 25

Mathematics

Find the mean for the list of numbers.Cans of soup used by a family in a month: 1, 6, 9, 4, 14, 8Round answer to the nearest whole number if necessary.

A. 4 cans B. 6 cans C. 9 cans D. 7 cans

Mathematics

Find the distance d(A, B) between the points A and B.A(3, 3); B(-5, 9)

A. 11 B. 10 C. 100 D. 20

Mathematics

Find the perimeter (or circumference) and area of the figure. For the circle, give the exact value and then use  for an approximation.

A. perimeter = 72 mi area = 207 sq mi B. perimeter = 72 mi area = 315 sq mi C. perimeter = 48 mi area = 315 sq mi D. perimeter = 48 mi area = 207 sq mi

Mathematics