For the given principal, interest rate, and time period, determine the amount of interest that would be earned in an account paying simple interest. Also determine the amount of interest that would be earned in an account paying compound interest with interest compounded annually. Determine how much more interest would be earned in the account paying compound interest. Round to the nearest cent.Principal: $810 Rate: 4% Years: 17
A. $1027.00
B. $476.20
C. $217.00
D. $188.71
Answer: C
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The future value of $50,000 deposited today and compounded quarterly at an 8% annual interest rate for seven years is
A. $57,434. B. $87,051. C. $85,691. D. $78,000.
Evaluate or simplify the following the expression.23
A. 5 B. 8 C. 6 D. 4
For the given principal, interest rate, and time period, determine the amount of interest that would be earned in an account paying simple interest. Also determine the amount of interest that would be earned in an account paying compound interest with interest compounded annually. Determine how much more interest would be earned in the account paying compound interest. Round to the nearest cent.Principal: $810 Rate: 4% Years: 17
A. $1027.00 B. $476.20 C. $217.00 D. $188.71
Write the first five terms of the geometric sequence with the given first term a and common ratio r.a = 6; r = 
A. 2, 
, 
, 
, 
B. 6, 
, 
, 7, 
C. 6, 18, 54, 162, 486
D. 6, 2, 
, 
, 