Solve the application problem. Round to the nearest cent.How much should be deposited semiannually into a sinking fund over 5 years to accumulate $159,000 if the money earns 8% compounded semiannually?

A. $9,544.77
B. $13,869.57
C. $13,243.11
D. $27,103.14


Answer: C

Mathematics

You might also like to view...

Add and, if possible, simplify. + 

A.
B.
C.
D.

Mathematics

Find the coordinates of the midpoint of the line segment joining the points.(-5, -2) and (3, 1)

A. (-2, -1)
B.
C.
D. (-8, -3)

Mathematics

Find the length of the arc intercepted by a central angle ? in a circle of radius r. Round your answer to three decimal places when necessary.? = 40°, r = 12 in.

A. 9.216 in. B. 8.378 in. C. 7.54 in. D. 6.702 in.

Mathematics

Find the probability.A 6-sided die is rolled. What is the probability of rolling a number less than 2?

A.  
B.  
C.
D.  

Mathematics