Find the compound amount for the deposit. Round to the nearest cent.$7,000 at 8% compounded semiannually for 10 years.

A. $16,681.20
B. $16,839.17
C. $7,646.66
D. $10,805.94


Answer: A

Mathematics

You might also like to view...

Simplify the expression. If any variables exist, assume that they are positive.6 - 3 -  

A. 14x
B. 2x
C. 3x
D. 15x

Mathematics

Solve the system by elimination.-6x - 6y = 18 2x - 4y = 12

A. {(0, -2)} B. {(0, -3)} C. ? D. {(-1, -2)}

Mathematics

Evaluate.Given f(x) = 5x + 4 and g(x) = x2 + 5x - 8, find (f ? g)(x).

A. x3 - 29x2 - 35x - 35 B. 6x3 + 31x2 + 20x - 31 C. x2 - 10x + 4 D. 5x3 + 29x2 - 20x - 32

Mathematics

Find the simple interest. Round your answer to the nearest cent.Principal = $72,700Rate = 5%Time in months = 11

A. $333,208.00 B. $330.45 C. $3332.08 D. $39,984.96

Mathematics