Use the compound-interest formula to find the account balance with the given conditions: P = principal, r = interest rate, t = time, in years.P = $1600, t = 7, r = 9% compounded daily

A. $3003.94
B. $300.39
C. $2997.12
D. $864,584.68


Answer: A

Mathematics

You might also like to view...

Give the coordinates of the points shown on the graph.

A. C(-4, -3), D(5, -3) B. C(-4, 5), D(6, -3) C. C(-4, 5), D(-3, 6) D. C(5, 8), D(-3, 6)

Mathematics

Add or subtract as indicated.  + 

A. - 
B.
C.
D.

Mathematics

Provide an appropriate response.Determine whether the following statement is true or false, and explain why. All integers are rational numbers.

What will be an ideal response?

Mathematics

Subtract. - 

A. - 
B. - 
C. - 
D. - 

Mathematics