Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period.$3000 deposit at an APR of 3% with monthly compounding for 6 years

A. $3045.28
B. $3590.85
C. $11,444.09
D. $2872.68


Answer: B

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For the given principal, interest rate, and time period, determine the amount of interest that would be earned in an account paying simple interest. Also determine the amount of interest that would be earned in an account paying compound interest with interest compounded annually. Determine how much more interest would be earned in the account paying compound interest. Round to the nearest cent.Principal: $6865 Rate: 2% Years: 17

A. $4944.46 B. $7278.56 C. $413.56 D. $362.37

Solve using the multiplication principle.5x = 10

A.
B. 50
C. 5
D. 2

Complete the identity.tan2 ? - 3 sin ? tan ? sec ? = ?

A. -2 tan2 ? B. sin ? tan ? C. 1 + cot ? D. sec ? csc ?

Which technique ensures that personal characteristics that might affect the outcome of an experiment are scattered among research participants in the different groups, thereby making the groups roughly equivalent?

A. dependent recursion B. random assignment C. independent assignment D. regression to the mean