Use the compound interest formula for continuous compounding to determine the accumulated balance after the stated period. A $44,956 deposit in an account with an APR of 3.6% compounded continuously for 10 years.
A. $62,790.94
B. $64,030.25
C. $64,436.76
D. $64,333.07
Answer: C
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Solve the problem. Refer to the table if necessary.Bill earned wages of
received
in interest from a savings account, and contributed
to a tax deferred retirement plan. He was entitled to a personal exemption of
style="vertical-align: -4.0px;" /> and had deductions totaling Find his adjusted gross income.
A. $42,136
B. $53,325
C. $59,451
D. $66,590
Prorate the given expenses to find the monthly cost. Sarah takes courses on a quarter system. Three times a year, she takes 15 credits at a tuition rate of per credit; her fees are
per quarter and her room in a shared house costs
per week. Round your answer to the nearest dollar.
A. $1828 B. $1043 C. $1328 D. $2563
Write the first five terms of the geometric sequence with the given first term a and common ratio r.a = -8; r = -4
A. -4, 32, -128, 512, -2048 B. -8, -12, -16, -20, -24 C. -8, -32, -128, 512, -2048 D. -8, 32, -128, 512, -2048
Solve using the multiplication principle. = 14
A. 28 B. 14 C. 16 D. 26