Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period.$32,000; money earns 5% compounded semiannually for 11 years

A. $719.07
B. $831.06
C. $1046.28
D. $520.91


Answer: C

Mathematics

You might also like to view...

Determine the indefinite integral. Check your work by differentiation.dt

A. t3 + t + C
B. 8+  + C
C. 12t3 + t2 + C
D. t3 +  + C

Mathematics

Provide an appropriate response.In scientific notation, what is the smallest positive integer which can be multiplied by a power of 10?

A. -1 B. 1 C. 0 D. -9

Mathematics

Solve the problem.The amount of particulate matter left in solution during a filtering process is given by the equation  where n is the number of filtering steps. Find the amounts left for  and . (Round to the nearest whole number.)

A. 600, 19 B. 300, 19 C. 300, 9 D. 300, 4800

Mathematics

Solve the problem.If the price of a product is given by P(x) =  + 500, where x represents the demand for the product, find the rate of change of price when the demand is 2.

A. -512 B. -256 C. 512 D. 256

Mathematics