Solve the problem.A sequence of payments of $1600 is invested at the end of every compounding period, where interest is compounded semiannually at an interest rate of 4%. What is the total amount of the annuity after 6 years?
A. $61,459.34
B. $72,189.02
C. $21,459.34
D. $48,082.58
Answer: C
Mathematics
You might also like to view...
Divide using the quotient rule.
A. 58 ? 75 B. 57 ? 75 C. 57 ? 74 D. 5 ? 75
Mathematics
Find a 95% confidence interval for the true population proportion.In a survey of 352 adults, 55% said that they favored the proposed environmental laws.
A. 52.3% to 57.7% B. 49.7% to 60.3% C. 54.7% to 55.3% D. 55% to 60.3%
Mathematics
Graph the polar equation.r = 4(1 -sin ?)
A.
B.
C.
D.
Mathematics
Evaluate the integral using the given substitution. dx , u = 7x - 4
A. - (7x - 4)-2 + C
B. (7x - 4)-2 + C
C. - 3(7x - 4)-2 + C
D. - (7x - 4)-4 + C
Mathematics