Solve the problem. Round to the nearest cent.To start a new business, Eric invests $765.13 each month in an ordinary annuity paying 7% interest compounded monthly. Find the amount in the annuity after 5 years.
A. $55,543.01
B. $54,012.75
C. $54,777.88
D. $25,005.41
Answer: C
Mathematics
You might also like to view...
Solve using the addition and multiplication principles together.-6x + 6(2x - 6) = -26 - 4x
A. 1
B. -
C. - 31
D. - 1
Mathematics
Find the surface area of the circular solid. Unless otherwise specified, use 3.14 for ? and round your answer to the nearest tenth.A right circular cone with r = 10 cm, h = 5 cm (Use the formula S = ?r + ?r2.)
A. 78.5 cm2 B. 157.0 cm2 C. 665.1 cm2 D. 314.0 cm2
Mathematics
Solve the equation.25x2 = 16
A. x =
B. x = , -
C. x =
D. x = , -
Mathematics
Find the x- and y-intercepts of the graph of the given equation, if they exist. Then graph the equation.9y - 3x = -6
A. x: - ; y: 2
B. x: -2; y: -
C. x: 2; y: -
D. x: - ; y: -2
Mathematics