Solve the problem.Find out how long it takes a $3,500 investment to double if it is invested at
compounded monthly. Round to the nearest tenth of a year. Use the formula
.
A. 7.5 yr
B. 7.9 yr
C. 7.7 yr
D. 8.1 yr
Answer: C
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Perform the indicated conversion within metric units of length.416.3 millimeters to decimeters
A. 0.4163 dm B. 41.63 dm C. 41,630 dm D. 4.163 dm
Determine whether the given value is a solution to the given equation.Is 5.6 a solution of -0.4x = -2.24?
A. No B. Yes
Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated.$43,000 at 5.3% compounded semiannually for 9 years
A. $26,853.90 B. $27,015.51 C. $16,146.10 D. $68,854.07
If the accumulated amount is $3,630 at the end of 3 years and the simple rate of interest is 7%/year, what is the principal?
a. The principal is $2,500. b. The principal is $3,990. c. The principal is $3,000. d. The principal is $3,200.