Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period.$71,000; money earns 5% compounded quarterly for 4 years
A. $1003.38
B. $942.91
C. $4036.12
D. $1548.85
Answer: C
Mathematics
You might also like to view...
Graph the function.Graph the function f(x) = 2 cos3 x.
A.
B.
C.
D.
Mathematics
Identify the pairs of complementary or supplementary angles, as indicated.Complementary
A. ?FBE & ?EBD; ?ABF & ?CBD B. ?CBE & ?EBA C. ?CBD & ?DBE; ?ABF & ?FBE D. ?ABF & ?FBE
Mathematics
Find the sum. +
A.
B.
C.
D.
Mathematics
Name the property illustrated by the sentence.2 ? x = x ? 2
A. Associative property of addition B. Commutative property of multiplication C. Multiplicative identity property D. Distributive property
Mathematics