Solve the problem.Larry has $2700 to invest and needs $3200 in 17 years. What annual rate of return will he need to get in order to accomplish his goal, if interest is compounded continuously? (Round your answer to two decimals.)

A. 1%
B. 3.32%
C. 1.32%
D. 2.32%


Answer: A

Mathematics

You might also like to view...

Perform the matrix operation.Given A = and B =  , find 2A + B.

A.

B.

C.

D.

Mathematics

Simplify the expression representing the derivative of a function.f'(x) = (4x4 - 3x3 + 6x - 5)(6x) + (x - 3)(6x2 - 6)

A. 24x5 - 18x4 + 6x3 - 36x2 - 36x + 18 B. 24x5 - 18x4 - 6x3 + 18x2 - 36x - 18 C. 24x5 - 18x4 + 6x3 + 18x2 - 36x + 18 D. 24x5 - 18x4 - 18x2 - 30x + 18

Mathematics

Graph the function.f(x) = x3 - 4

A.

B.

C.

D.

Mathematics

Write in exponential form.

A. 72/g
B.
C. g2/7
D. g7/2

Mathematics