George took out a mortgage for $40,000 at an annual interest rate of 12% compounded monthly for 25 years.After making payments for 10 years, the balance on the loan most closely approximates

A. $24,000.
B. $35,170.
C. $0.
D. $35,790.
E. none of these


Answer: B

Mathematics

You might also like to view...

For the curve r(t), find an equation for the indicated plane at the given value of t.r(t) = (t2 - 7)i + (2t - 8)j + 6k; osculating plane at t = 1.

A. x + y + (z + 6) = 0 B. z = -6 C. x + y + (z - 6) = 0 D. z = 6

Mathematics

Graph the system of inequalities. Shade the region that represents the solution set.x2 - y? 7x + y< 3

A.

B.

C.

D.

Mathematics

Find the sum if it exists.

A. - 
B.
C.
D. Does not exist

Mathematics

Give the equations of any horizontal asymptotes.h(x) = 

A. y = 
B. y = 
C. none
D. y = 0

Mathematics