Solve the problem.Find out how long it takes a $2700 investment to earn $500 interest if it is invested at 8% compounded quarterly. Round to the nearest tenth of a year. Use the formula 

A. 2.3 years
B. 2.5 years
C. 2.1 years
D. 1.9 years


Answer: C

Mathematics

You might also like to view...

Solve.A clothing company sells jackets for $240 per jacket. The company's fixed costs are $5000 and the variable costs are $230 per jacket. Use a graph to determine the break-even point for production.

A. (1000, 240,000) B. (500, 240,000) C. (500, 120,000) D. (1000, 120,000)

Mathematics

Determine whether the following is always true or not always true. Given reasons for your answers.|u| = 

What will be an ideal response?

Mathematics

For the given functions f and g , find the indicated composition.f(x) = ,g(x) = - (g?f)(x)

A.  
B. -  
C.  
D. -  

Mathematics

Simplify the complex rational expression.

A.
B.
C.
D.

Mathematics