Solve the problem.$2000 is invested at 4% compounded quarterly. In how many years will the account have grown to $7000? Round to the nearest tenth of a year.
A. 31.5 yr
B. 1.4 yr
C. 31.9 yr
D. 29.1 yr
Answer: A
Mathematics
You might also like to view...
True or false?When using a truth table, the statement p ? q is equivalent to ~q ? ~p.
A. True B. False
Mathematics
Find the first four terms of the binomial series for the given function.1/3
A. 1 - x +
x2 -
x3
B. 1 - x -
x2 -
x3
C. 1 - x -
x2 -
x3
D. 1 - x +
x2 -
x3
Mathematics
Find the LCD. Build up the fractions to equivalent fractions having the LCD as the denominator. and
A. and
B. and
C. and
D. and
Mathematics
Provide an appropriate response.Why is scientific notation used?
What will be an ideal response?
Mathematics