Find the periodic payment that will amount to the given sum under the given conditions. Round to the nearest cent.S = $53,000; interest is 12% compounded quarterly; payments are made at the end of each quarter for 5 years.

A. $1779.84
B. $2849.63
C. $2646.88
D. $1972.43


Answer: D

Mathematics

You might also like to view...

Evaluate the integral.dt

A. 3 ln -  + C
B. 3 ln +  + C
C. 3 ln -  + C
D. 4 ln -  + C

Mathematics

List all the factors of each number.80

A. 2 ? 2 ? 2 ? 5 B. 2 ? 2 ? 2 ? 5 ? 5 C. 2 ? 2 ? 2 ? 2 ? 5 D. 2 ? 2 ? 2 ? 2? 5 ? 5

Mathematics

Write the exponential equation as an equation involving a common logarithm or a natural logarithm.ex = 23

A. ln 23 = x B. log23 x = e C. logx e = 23 D. ln x = 23

Mathematics

Write the complex number in polar form. Express the argument ? in degrees, with 0 ? ? ? 360°.7 + 7i

A. 14( cos 330° + i sin 330°) B. 14( cos 60° + i sin 60°) C. 14( cos 30° + i sin 30°) D. 14( cos 300° + i sin 300°)

Mathematics