Solve the problem.What will be the amount in an account with initial principal $7000 if interest is compounded continuously at an annual rate of 7.25% for 8 years?

A. $12,502.27
B. $5521.38
C. $7526.35
D. $7000.00


Answer: A

Mathematics

You might also like to view...

The figure shows the velocity v or position s of a body moving along a coordinate line as a function of time t . Use the figure to answer the question. v (ft/sec)When is the body's acceleration equal to zero?

A. 0 < t < 2, 6 < t < 7 B. 2 < t < 3, 5 < t < 6 C. t = 2, t = 3, t = 5, t = 6 D. t = 0, t = 4, t = 7

Mathematics

Divide and simplify. ÷ 

A. -  
B.  
C. -  
D.

Mathematics

Provide an appropriate response. Find the slope of the line that passes through the points (1, 4) and (10, 7).

A. -1
B. 1
C.
D. 3

Mathematics

Subtract.-16 - 16

A. -32 B. -16 C. 32 D. 0

Mathematics