Solve the problem.Use your graphing calculator to find how long it will take for $6600 invested at  per year compounded daily to triple in value. Find the answer to the nearest year.

A. 2,502,126 years
B. 0 years
C. 25,219 years
D. 19 years


Answer: D

Mathematics

You might also like to view...

For the given function, find the rate of change.y = 3 + x

A. 9
B.
C. 3
D.

Mathematics

Use the graph to find the average rate of change.

A. - 2
B. - 
C.
D. 2

Mathematics

Solve the inequality. -2x? 6 

A. x? -3 B. x? -3 C. x? 3 D. x< -3 E. x? -3

Mathematics

State whether the problem relates to an ordinary annuity or an annuity due. A couple has determined that they need $400,000 to establish an annuity when they retire in 25 years. How much money should they deposit at the end of each month in an investment plan that pays an annual rate of 8%, compounded monthly, so they will have the $400,000 in 25 years? ?

A. ordinary annuity B. annuity due

Mathematics