Solved

A) $55028
B) $557

Question 98

Multiple Choice

P(1+rk) kn for P=$480,n=3,r=5%,k=4\mathrm { P } \left( 1 + \frac { \mathrm { r } } { \mathrm { k } } \right) ^ { \mathrm { kn } } \text { for } \mathrm { P } = \$ 480 , \mathrm { n } = 3 , \mathrm { r } = 5 \% , \mathrm { k } = 4


A) $550.28
B) $557.16
C) $77.16
D) $555.66

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions