Solve the problem.Find the future value accumulated in an annuity after investing periodic payments of for 10 years at an annual interest rate of , with payments made and credited 4 times per year.

A. $6302.32
B. $9453.48
C. $5251.93
D. $3151.16


Answer: C

Mathematics

You might also like to view...

Solve the problem.For a certain drug, the rate of reaction in appropriate units is given by  =  + , where t is measured in hours after the drug is administered. Find the total reaction to the drug from t = 3 to t = 12.

A. 20.25 B. 9.07 C. 10.13 D. 21.99

Mathematics

Find the depreciation per unit. Round to the nearest cent.Cost: $655,000Salvage: $65,500Est. Life: 62,000 hours

A. $95.10 B. $10.56 C. $9.51 D. $105.60

Mathematics

Simplify.

A. 9
B. 21
C. 3
D.

Mathematics

Multiply.60 ? 500

A. 30,000 B. 560 C. 30,500 D. 29,500

Mathematics