Solve the problem.$4000 is invested at 9% compounded quarterly. In how many years will the account have grown to $14,500? Round your answer to the nearest tenth of a year.

A. 12.8 years
B. 1.2 years
C. 14.5 years
D. 14.9 years


Answer: C

Mathematics

You might also like to view...

Convert the angle to a decimal in degrees. Round the answer to two decimal places.355°43'32''

A. 355.73° B. 355.69° C. 355.74° D. 355.79°

Mathematics

Perform the indicated operation. Write the answer in scientific notation.(3.46 × 10-3)(4.8 × 10-4)

A. 8.26 × 10-7 B. 16.608 × 10-7 C. 1.6608 × 10-6 D. 8.26 × 10-12

Mathematics

When two parallel lines are cut by a transversal, what relationship exists between a pair of interior angles on the same side of the transversal?

What will be an ideal response?

Mathematics

Change the logarithmic expression to an equivalent expression involving an exponent.ln z = 8

A. e8 = z B. z8 = e C. 8e = z D. ez = 8

Mathematics