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    Business Mathematics Study Set 1
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    Exam 1: Review and Applications of Basic Mathematics
  5. Question
    Evaluate\(\frac{\$ 1050}{\left(1+\frac{0.065}{12}\right)^{3}}\) A) $1,06716 B) $1,035
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Evaluate $1050(1+0.06512)3\frac{\$ 1050}{\left(1+\frac{0.065}{12}\right)^{3}}(1+120.065​)3$1050​ A) $1,06716
B) $1,035

Question 31

Question 31

Multiple Choice

Evaluate $1050(1+0.06512) 3\frac{\$ 1050}{\left(1+\frac{0.065}{12}\right) ^{3}}(1+120.065​) 3$1050​


A) $1,067.16
B) $1,035.95
C) $896.32
D) $1,033.12
E) $1,502.05

Correct Answer:

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