Find the amount of interest earned by the following certificates of deposit. Assume daily compounding. Round to the nearest cent.
Amount: $27,970.11Interest rate: 6%Time: 2 years
A. $3565.79
B. $2941.43
C. $4202.74
D. $5515.70
Answer: A
Mathematics
You might also like to view...
Classify the polynomial by the number of terms. Then identify the degree of the polynomial.5c4 - 8c3 - 3c2
A. Binomial of degree 9 B. Trinomial of degree 9 C. Trinomial of degree 4 D. Binomial of degree 4
Mathematics
Find the indicated term of the sequence.The fourth term of the geometric sequence whose first term is 7 and whose common ratio is -3
A. 189 B. 567 C. -189 D. -27
Mathematics
Perform the indicated operation. Simplify, if possible.
+ 
- 
A. - 
B. - 
C. 
D. 
Mathematics
Graph.f(x) = 
A. 
B. 
C. 
D. 
Mathematics