The Armstrongs wish to establish a custodial account to finance their children's education. If they deposit $100 monthly for 10 years in a savings account paying 6% /year compounded continuously, how much will their savings account be worth at the end of this period? Round your answer to the nearest dollar.
?
A. $12,100
B. $17,654
C. $18,567
D. $16,442
Answer: D
Mathematics
You might also like to view...
Find the infinite sum accurate to three decimal places.
A. -0.972 B. 0.972 C. 1.036 D. -1.036
Mathematics
Find the sum or difference. Write the answer in lowest terms.
- 
A. 
B. 
C. 
D. 
Mathematics
Write the sentence as an equation.The sum of -56 and 34 gives -22.
A. -56 - 34 = -22 B. -56 + 34 = -22 C. 56 + 34 = 22 D. 56 + 34 = -22
Mathematics
Solve the linear inequality. Other than ?, use interval notation to express the solution set and graph the solution set on a number line.
? 
+ 4
A. [10, ?)
B. (10, ?)
C. [-10, ?)
D. (-?, 10]
Mathematics