Solve. If necessary, round percents to the nearest tenth, dollar amounts to the nearest cent, and all other numbers to the nearest whole.$1430 is compounded annually at 10%. Find the total amount in the account after 6 years.
A. $2303.03
B. $2145.00
C. $2533.39
D. $2288.00
Answer: C
Mathematics
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Use the compound interest formula to compute the future value of the investment. Round to the nearest cent.$7000 at 4% compounded annually for 10 years
A. $9963.18 B. $10,361.71 C. $9520.00 D. $9800.00
Mathematics
Find the quotient.-12 ÷ 12
A. -12 B. -1 C. 0 D. 1
Mathematics
Solve the problem.Find out how long it takes a $2500 investment to double if it is invested at compounded monthly. Round to the nearest tenth of a year. Use the formula
.
A. 7.9 yr B. 7.5 yr C. 8.1 yr D. 7.7 yr
Mathematics
Find the first term a1 and the common difference d of the arithmetic sequence.an = 8 - 6n
A. a1 = 2, d = -6 B. a1 = 8, d = 6 C. a1 = 2, d = 8 D. a1 = -6, d = 2
Mathematics