Solve the problem.How much money needs to be invested now to get $2000 after 4 years at 8% compounded quarterly? Express your answer to the nearest dollar.
A. $2746
B. $1457
C. $1848
D. $584
Answer: B
Mathematics
You might also like to view...
Find parametric equations for the line described below.The line through the point P(-1, -1, 5) parallel to the vector 
A. x = -8t- 1, y = -8t - 1, z = 3t + 5 B. x = -8t + 1, y = 8t + 1, z = -3t - 5 C. x = 8t - 1, y = -8t - 1, z = -3t + 5 D. x = 8t + 1, y = -8t + 1, z = -3t - 5
Mathematics
Solve the equation.4x2 - 5x - 9 = 0
A. x = 
, -1
B. x = 
, 1
C. x = 
, 0
D. x =
, -1
Mathematics
Provide an appropriate response.What is wrong with the following addition?25 + .23 = 0.48
What will be an ideal response?
Mathematics
Find the inverse of the one-to-one function.f(x) = -11x
A. f-1(x) = - 
x
B. f-1(x) = 
C. f-1(x) = 11x
D. f-1(x) = 
x
Mathematics