Find the amount of each payment needed to accumulate the indicated amount in a sinking fund. Round to the nearest cent.
$8,300, money earns 12% compounded monthly, 2 years
A. $654.46
B. $3,915.11
C. $307.68
D. $4,129.33
Answer: C
You might also like to view...
The figure shows the velocity v or position s of a body moving along a coordinate line as a function of time t . Use the figure to answer the question. s (m)
When is the body moving backward?
A. 8 < t < 9 B. 2 < t < 3, 4 < t < 5, 7 < t < 8 C. 8 < t ? 10 D. 2 < t < 3, 4 < t < 5, 7 < t < 9
Plot and interpret the appropriate scatter diagram.The one-day temperatures for 12 world cities along with their latitudes are shown in the table below. Make a scatter diagram for the data. Describe what happens to the one-day temperatures as the latitude increases.
Latitude (degrees)
Temperature (F)°
What will be an ideal response?
Find all real solutions to the system of equations using the addition method. x2 - 2y2 = 23x2 + 2y2 = 14
A. (2, 1), (-2, -1) B. (-1, 2), (1, -2) C. (2, 1), (2, -1), (-2, 1), (-2, -1) D. (1, 2), (-1, 2), (1, -2), (-1, -2)
Use the slope-intercept form to graph the equation.6x + y = 0
A. 
B. 
C. 
D. 