Find the periodic payment that will amount to the given sum under the given conditions.S = $89,000, interest is 6% compounded annually, payments made at the end of each year for 12 years

A. $7235.95
B. $5275.66
C. $8367.31
D. $5346.79


Answer: B

Mathematics

You might also like to view...

Find the inventory value using the specific identification method.DescriptionCost10-gauge$2712-gauge$4214-gauge$5316-gauge$57

A. $44.75 B. $89.50 C. $152.00 D. $179.00

Mathematics

Solve the equation graphically. Round to the nearest thousandth.log2 = 6 - log3

A. 2.226 B. 3.678 C. 3.093 D. 3.498

Mathematics

Solve the problem.The population growth of an animal species is described by F(t) = 800 + 20 log3 (2t + 1) where t is measured in months. Find the population of this species in an area 1 month(s) after the species is introduced.

A. 420 B. 820 C. 860 D. 450

Mathematics

In this matrix row 2 dominates:

A. row 1 B. row 2 C. none of the other rows

Mathematics