Solve the problem.If $2500 is invested in an account that pays interest compounded continuously, how long will it take to grow to $10,400 at 9.5%?

A. 15.0 yr
B. 11.2 yr
C. 9.4 yr
D. 7.3 yr


Answer: A

Mathematics

You might also like to view...

Solve. If necessary, round percents to the nearest tenth, dollar amounts to the nearest cent, and all other numbers to the nearest whole.40% of the teachers in a school are female. If there are 255 teachers altogether, how many teachers are female?

A. 638 teachers B. 102 teachers C. 16 teachers D. 153 teachers

Mathematics

Determine whether the given linear equations are parallel, perpendicular, or neither.y = 3x - 7y = x - 6

A. parallel B. perpendicular C. neither

Mathematics

Simplify the exponential expression.40

A. -1 B. 0 C. 4 D. 1

Mathematics

Factor out the greatest common factor.23y - 92

A. 92(y - 4) B. 23(y + 4) C. 23(y - 4) D. No common factor

Mathematics