Solve the problem.At what interest rate must $5900 be compounded annually to equal $11,199.96 after 11 yr? (Round to the nearest percent.)
A. 5%
B. 6%
C. 7%
D. 8%
Answer: B
Mathematics
You might also like to view...
Given the current cost of an item and the inflation rate, find the cost of the item in the specified number of years.Home: $1,400,000, inflation rate: 2%, after 6 years
A. $1,586,627.39 B. $1,582,627.39 C. $1,576,627.39 D. $1,581,627.39
Mathematics
Find all rational zeros of the polynomial.P(x) = x4 - 
x3 + 
x2 + 
x - 
A. 
, 3
B. -1, - 
, - 
, 3
C. -1, 
, 
, 3
D. -1, 
Mathematics
Solve.142 ? m = 22,152
A. 22,010 B. 156 C. 157 D. 22,009
Mathematics
Solve the logarithmic equation symbolically.ln 8x + ln 8x = ln 65
A. x = 
1/2
B. x = 0
C. x = 
D. x = 1
Mathematics