Use the table to find the compound interest. Round to the nearest cent.$1300 at 8% compounded quarterly for 5 years

A. $520.00
B. $610.13
C. $631.74
D. $1435.31


Answer: C

Mathematics

You might also like to view...

Provide an appropriate response.Solve the equation: 2y + 6y = 8

A. y = -2 B. y = 1 C. y = -1 D. y = 2

Mathematics

For the given slope of line l1, (a) find the slope of line a l2 parallel to l1, and (b) find the slope of a line l3 perpendicular to l1.m = - 

A. (a) 6; (b) - 
B. (a) 9; (b) - 
C. (a) - ; (b) 6
D. (a) ; (b) -6

Mathematics

Solve the problem.A farmer has 1500 feet of fence with which to fence a rectangular plot of land. The plot lies along a river so that only three sides need to be fenced. Estimate the largest area that can be fenced.

A. 337,500 ft2 B. 281,250 ft2 C. 421,875 ft2 D. 225,000 ft2

Mathematics

Perform the indicated operation.-79 + (-42)

A. 121 B. -37 C. -121 D. 37

Mathematics