Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated.$7800 at 5% compounded annually for 5 years.

A. $1688.50
B. $9955.00
C. $6111.50
D. $6417.08


Answer: C

Mathematics

You might also like to view...

Evaluate the expression for the given value or values.  for a = 10, b = 4, c = 5, d = 7

A.
B. - 7
C. - 3
D.

Mathematics

In , the medians are , , and . If RM = 9, SN = 12, and TP = 16, find the distance from the centroid of this triangle to the midpoint of side . A. 4
B. 6
C. 8
D. 10

Mathematics

Find the real solutions of the equation.x6 + 63x3 - 64 = 0

A. {4, -1} B. {-4, 1} C. {64} D. {4}

Mathematics

Let f(x) = 8x2 - 5x and g(x) = 7x + 9. Find the composite.f[g(k)]

A. 56k2 + 35k + 9 B. 392k2 - 973k + 603 C. 56k2 - 35k + 9 D. 392k2 + 973k + 603

Mathematics