You are given the principal, the annual interest rate, and the compounding period. Determine the value of the account at the end of the specified time period.$5000, 10%, quarterly, 2 years
A. $5253.13
B. $6092.01
C. $6050.00
D. $10,717.94
Answer: B
You might also like to view...
Solve the problem.Dimitri's score on his third math test was 95. His score on the first test was 4 points higher than his score on the second test. His total for all three tests was 265. What was Dimitri's score on the first test?
A. 87 B. 85 C. 83 D. 4
Simplify by factoring. Assume that any variable in a radicand represents a positive real number.
A. x2 + 9
B. (x + k)2
C. (x + k)2
D. (x + k)
Refer to the figure in which O is the center of the circle, ray PA is a tangent, m?BOC = 80°, PE = 10 ft, PD = 12 ft, PB = 19 ft, ER = 4 ft, ER = 4 ft, and BR = 5 ft.
Solve the problem.A(x) = -0.015x3 + 1.05x gives the alcohol level in an average person's bloodstream x hours after drinking 8 oz of 100-proof whiskey. If the level exceeds 1.5 units, a person is legally drunk. Would a person be drunk after 3 hours?
A. Yes B. No