Use the periodic compound interest formula to solve the problem.Find the accumulated value of an investment of $7000 at 3% compounded annually for 5 years. Round to the nearest cent.
A. $7840.00
B. $7878.56
C. $8114.92
D. $8050.00
Answer: C
Mathematics
You might also like to view...
Solve the problem.The half-life of Cesium 134m is 3.0 hours. If the formula 
gives the percent (as a decimal) remaining after time t (in hours), graph the function.
A. 
B. 
C. 
D. 
Mathematics
Evaluate.Let a = 
. Find 9a.
A. 
B. 
C. 
D. 
Mathematics
Provide an appropriate response.Pat's Deli makes onion buns that cost $.48 each. 10 percent of the onion buns will spoil and be thrown away. Pat wants a 40 percent markup based on cost. Pat produces 800 onion buns. Each onion bun should sell for:
A. $0.75 B. $0.69 C. $0.80 D. $0.86
Mathematics
Divide and simplify.
÷ 
A. m - 3
B. m + 3
C. 
D. 
Mathematics