Use the compound interest formula to compute the future value of the investment. Round to the nearest cent.$2000 at 1% compounded monthly for 2 years
A. $2003.33
B. $2347.22
C. $2040.39
D. $1632.31
Answer: C
Mathematics
You might also like to view...
Solve the system using Gaussian elimination.
A. {(6, 7, 9)} B. ? C. {(-6, 9, 12)} D. {(6, 9, 7)}
Mathematics
Find the sum of the n terms of the indicated geometric sequence with the given values.2, 6, 18, . . . ; n = 5
A. 245 B. 244 C. 252 D. 242
Mathematics
Use problem solving strategies to solve the problem.Michael is thinking of a number. Twice the number increased by 5 is 19 less than four times the number. What is the number?
A. 29 B. 5 C. 12 D. 17
Mathematics
Convert to base ten.555six
A. 215 B. 110 C. 82 D. 1000
Mathematics