Solve the problem.How long will it take for $7300 to grow to $38,700 at an interest rate of 3.2% if the interest is compounded quarterly? Round the number of years to the nearest hundredth.

A. 52.95 yr
B. 209.33 yr
C. 52.33 yr
D. 166.33 yr


Answer: C

Mathematics

You might also like to view...

Solve the problem.A water tank is shaped like an inverted cone with height 18 m and base radius 3 m (see figure). If the tank is full, how much work is required to pump the water to the level of the top of the tank and out of the tank? Express the answer in terms of ?. 

A. 85,730,400? J B. 14,288,400? J C. 1,587,600 J D. 2,381,400? J

Mathematics

Solve the problem.A particle is moving so that its x- and y-coordinates are given by  and  (in ft). Find the magnitude of its acceleration when 

A. 12 ft/s2 B. 48 ft/s2 C. 9 ft/s2 D. 5.8 ft/s2

Mathematics

Simplify by using the order of operations. Round your answer to the nearest hundredth.(-9.4)2 + 1.9 - 8.4

A. 81.86 B. 2.9 C. 8.41 D. 12.3

Mathematics

Factor completely. If the polynomial is prime, state so.x9 - 8y6

A. (x3 + 2y2)(x6 + 2x3y2 + 4y4) B. (x3 - 2y2)(x6 + 2x2y3 + 4y4) C. (x3 - 2y2)(x6 + 2x3y2 + 4y4) D. (x3 - 2y2)(x3 - 2x3y2 - 4y2)

Mathematics