A student sets up an investment program and invests $140 at the end of each month into an account that earns an annual interest rate of 3% compounded monthly. Find the value of the investment after 20 years.
a. $46,077.19
b. $45,962.28
c. $47,341.15
d. $102,217.19
b. $45,962.28
Mathematics
You might also like to view...
Compute r, the linear coefficient of correlation, for the given data.
A. 0 B. 0.005 C. -0.006 D. 0.006
Mathematics
Graph the function.y = 
A. 
B. 
C. 
D. 
Mathematics
Solve the problem.The total sales in dollars of some small businesses fluctuates according to the equation 
where x is the time in months, with x = 1 corresponding to January, 
and 
Determine the month with the greatest total sales and give the sales in that month.
A. March; $11,000 B. June; $7100 C. December; $11,000 D. September; $3200
Mathematics
Solve the inequality, giving its solution set in both interval and graph forms.-4 < x + 5 < 2
A. (3, 9)
B. [-9, -3]
C. (1, 7)
D. (-9, -3)
Mathematics