Solve the problem.The First National Bank pays 7% interest per year on non-checking accounts. What is the annual income on a non-checking account of $54,800? Round to nearest dollar.

A. $3946
B. $78,286
C. $782,857
D. $39,460


Answer: A

Mathematics

You might also like to view...

Find the center of mass of a thin plate of constant density covering the given region.The region between the curve y =  and the x-axis from  to 

A.  =  =  ln 25
B.  =  =  ln 25
C.  =  ln 25,  = 
D.  =  = 25 ln 25

Mathematics

Evaluate the rational expression for the given value(s) of the variable(s).for x = 2

A. 2
B.
C. 0
D.

Mathematics

Use the power rules to simplify the expression. Use positive exponents to write the answer.-5

A.  
B. -  
C.  
D. -  

Mathematics

Determine whether f is a geometric sequence.

A. No B. Yes; n3

Mathematics