Solve the problem. Round to the nearest cent.Find the future value of $700 invested over 3 years in an account with an APR of 7% compounded quarterly.
A. $857.53
B. $862.01
C. $847.00
D. $737.40
Answer: B
You might also like to view...
Use limit methods to determine which of the two given functions grows faster or state that they have comparable growth rates. x53; 1.00008x
A. Comparable rates B. 1.00008x C. x53
Find the indicated term for the geometric sequence.-3, -9, -27, ...; the 14th term
A. -4,782,969 B. -1,594,323 C. 14,348,907 D. 43,046,721
A high-priced women's leather goods maker uses an easily recognizable gold star-motif which ornaments the embossed leather used to make the products. This manufacturer has a policy of never having "sales" on its merchandise or selling its products through discount retailers. This company's products are easily recognizable by persons familiar with the brand. This company would be very careful to
A. advertise the durability of its products. B. maintain average to lower-than average costs of raw materials. C. monitor for counterfeit products. D. monitor prices of leather goods sold by mass merchandisers.
Find the magnitude of u × v and the unit vector parallel to u × v in the direction of u × v.u = -4i - 4j + 4k, v = 8i + 8j - 8k
A. 0; 4i+ 4j - 4k
B. 12; (4i + 4j - 4k)
C. 4;
(4i + 4j - 4k)
D. 0; no direction