Solve the problem.A sequence of payments of $1500 is invested at the end of every compounding period, where interest is compounded semiannually at an interest rate of 4.2%. What is the total amount of the annuity after 6 years?

A. $66,061.75
B. $55,945.93
C. $45,598.03
D. $20,231.64


Answer: D

Mathematics

You might also like to view...

Answer the question. Give your answer in simplest form.Mrs. Delgado used 4 eggs when she baked bread for a bake sale. What fraction of a dozen eggs did she use? (1 dozen = 12)

A.  dozen
B.  dozen
C.  dozen
D.  dozen

Mathematics

Use the table to answer the question. Write the number in words. Which type of housing is most used?

A. owning a house; twenty billion, six hundred fifty-two million, eight hundred fifty-three B. renting a house; five million, one hundred fifty-three thousand, three hundred fifty-four C. owning a condo; seven thousand, three hundred seventy-nine million, two hundred eleven D. owning a house; twenty million, six hundred fifty-two thousand, eight hundred fifty-three

Mathematics

Find det A using the method of cofactors.A = 

A. 86 B. -50 C. 50 D. -42

Mathematics

Determine if the ordered pair is a solution to the given system.; (5, 5)

A. Yes B. No

Mathematics