Solve the problem.You have money in an account at an APR of 4% compounded quarterly. To the nearest year, how long will it take for your money to triple?
A. 28 years
B. 39 years
C. 22 years
D. 17 years
Answer: A
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What is the formula for the future value of a single amount at compound interest?
A.
B.
C.
D.
Prorate the given expenses to find the monthly cost. Linda enrolls for 10 credit-hours for each of two semesters at a cost of $650 per credit-hour (tuition and fees). In addition, textbooks cost $300 per semester. Round your answer to the nearest dollar.
A. $567 B. $158 C. $1700 D. $1133
Use the compound interest formula to determine the accumulated balance after the stated period. Assume that interest is compounded annually.$10,000 is invested at an APR of 2.4% for 18 years.
A. $14,320.00 B. $14,965.78 C. $15,324.96 D. $14,080.00
Solve the equation on the interval 0 ? ? < 2?.cos ? + sin ? = 0
A.
B.
C. ,
D. - ,