Solve the problem.Barbara knows that she will need to buy a new car in 6 years. The car will cost $15,000 by then. How much should she invest now at 8%, compounded quarterly, so that she will have enough to buy a new car? Round to the nearest cent.
A. $9325.82
B. $11,854.72
C. $8752.36
D. $10,208.75
Answer: A
Mathematics
You might also like to view...
Find the distance between points P1 and P2.P1(2, 7, 3) and P2(3, 8, 2)
A. 3
B. 9
C. 2
D. 
Mathematics
Find the derivative of the function at the given point in the direction of A.
A. - 5.615234375e+09
B. - 
C. - 
D. - 5.37109375e+09
Mathematics
Solve the problem.Jarod calculated the speed of a train to be 30 feet per second. Calculate the speed in miles per hour.
A. 23 mi./hr. B. 20 mi./hr. C. 16 mi./hr. D. 17 mi./hr.
Mathematics
Use the vertical line test to determine whether y is a function of x.
A. Yes B. No
Mathematics