Solve the problem.An initial investment of $1740 is appreciated for 14 years in an account that earns 7% interest, compounded continuously. Find the amount of money in the account at the end of the period. Round to the nearest cent.
A. $12,856.96
B. $2868.78
C. $6,127,559.21
D. $4636.15
Answer: D
Mathematics
You might also like to view...
Evaluate the derivative of the given function at the given point.x2 + y2 = 25; (-4, 3)
A. -
B.
C.
D. -
Mathematics
Solve the equation by first clearing decimals. -4.7q = -6 - 1.7q
A. -9 B. 2 C. 1.6 D. 1.3
Mathematics
Find the exact circular function value.sin
A. -
B.
C. -
D. -1
Mathematics
Provide an appropriate response.A markup based on cost is generally used by retailers.
A. True B. False
Mathematics