Solve the problem.Suppose you invest $P on a CD paying 3.75% interest compounded continuously for a term of 3.75 years. At the end of the term you get 4028.48 from the bank. Find the value of the original principal P. Round your answer to the nearest dollar.
A. $3550
B. $3575
C. $3600
D. $3500
E. $3495
Answer: D
Mathematics
You might also like to view...
Determine whether the expression is a polynomial.
A. Polynomial B. Not a polynomial
Mathematics
Estimate the value as a whole number or as a mixed numeral where the fractional part is 
.16
? 23
A. 388 B. 384 C. 396 D. 408
Mathematics
Add or subtract. Write the answer in lowest terms.
- 
A. 
B. 
C. 
D. 
Mathematics
Simplify the expression by removing as many factors as possible from under the radical. Assume that all variables represent positive real numbers.
? 
A. 
B. 
C. 
D. 
Mathematics