Solve the problem. Round your answer to the nearest cent.If inflation is 5% a year compounded annually, what will it cost in 11 years to buy a house currently valued at $75,000?

A. $122,167.10
B. $98,406.50
C. $134,689.22
D. $128,275.45


Answer: D

Mathematics

You might also like to view...

Write the vector v in the form ai + bj, given its magnitude  and the angle ? it makes with the positive x-axis. = 15, ? = 180°

A. v = -15j B. v = 15j C. v = -15i - 15j D. v = -15i

Mathematics

Solve the problem.The capsize screening value C is an indicator of a sailboat's suitability for extended offshore sailing. C is determined by the function C = 4D-1/3B, where D is the displacement of the boat in pounds and B is its beam (or width) in feet. Find C for a sailboat that has a displacement of  and a beam of  Round your answer to three decimal places.

A. C ? 30.832 B. C ? 1,907.128 C. C ? 2.569 D. C ? 3.377

Mathematics

Calculate.5[ (9 + 3? 22) - 6( 8 - 3) ]

A. 255 B. 54 C. -150 D. -45

Mathematics

Solve the problem.Walt made an extra $5000 last year from a part-time job. He invested part of the money at 10% and the rest at 9%. He made a total of $460 in interest. How much was invested at 9%?

A. $4000 B. $2500 C. $3000 D. $1000

Mathematics