Solve the application problem. Round to the nearest cent.Find the least amount that could be deposited in a bank account today at 4% compounded quarterly to allow $650 withdrawals at the end of each quarter for 6 years.

A. $116,191.80
B. $14,315.05
C. $13,296.28
D. $13,808.20


Answer: D

Mathematics

You might also like to view...

Evaluate. 

A. 840 B. 120 C. 12 D. 84

Mathematics

Solve the equation. Express radicals in simplest form.(r + 5)2 = 14

A. {-5 + , -5 - }
B. {}
C. {9}
D. {5 + , 5 - }

Mathematics

Determine the amplitude or period as requested.Amplitude of y = 4 sin x

A. 6?
B. 4
C.
D.

Mathematics

The graph of a polar equation is given. Select the polar equation for the graph. 

A. r = 2 sin(2?) B. r = 2 C. r = 2 cos(2?) D. r = 2 + cos(2?)

Mathematics