Find the accumulated amount A if the principal P is invested at an interest rate of r per year for t years. Round your answer to the nearest cent.
?
P = $150,000, r = 7%, t = 3, compounded daily
?
A. A = $185,051.71
B. A = $183,756.45
C. A = $184,938.84
D. A = $185,047.98
Answer: D
You might also like to view...
Give the genus of the object. If the object has a genus larger than 5, write "larger than 5."A fly swatter
A. genus 1 B. genus 0 C. larger than 5 D. genus 2
Translate into an equation and solve.The quotient of a number and -0.022 is -0.21.
A. 0.00462 B. -0.462 C. 0.000462 D. -0.0000462
Solve the absolute value equation. + 4 = 14
A. {-10, 10} B. {10} C. {-14} D. {-14, 14}
Solve the quadratic equation.
A) The sum of the solutions is -13.
B) There is one negative solution and one extraneous root.
C) There is one positive solution and one extraneous root.
D) There are two positive solutions.
E) There are two negative solutions.