Calculate the final balance after compounding the interest. Round to the nearest cent, if necessary.

A. Final Balance: $90.00
B. Final Balance: $704.98
C. Final Balance: $694.58
D. Final Balance: $696.88


Answer: C

Mathematics

You might also like to view...

The given point is on the graph of y = f(x). Find a point on the graph of y = g(x).g(x) = f; (3, -2)

A.
B.
C. (6, 2)
D. (-6, -2)

Mathematics

Solve the exponential equation.22x = 216.8

A. 2 B. 8.4 C. 16.8 D. -8.4

Mathematics

Find the amount that results from the investment.$14,000 invested at 14% compounded semiannually after a period of 13 years

A. $76,893.76 B. $75,984.06 C. $67,302.94 D. $81,302.94

Mathematics

Rationalize the denominator and simplify.

A.
B. 2
C. 10
D. 2

Mathematics