Solved

You Deposit $1,000 in an Account with an Annual Interest

Question 351

Multiple Choice

You deposit $1,000 in an account with an annual interest rate of change r (in decimal form) compounded monthly.At the end of 4 years,the balance is You deposit $1,000 in an account with an annual interest rate of change r (in decimal form) compounded monthly.At the end of 4 years,the balance is   Find the rate of change of A with respect to r when   Round your answer to two decimal places. ​ A)  $1,375.67 B)  $65,594.67 C)  $114.64 D)  $5,466.22 E)  $5,430.02 Find the rate of change of A with respect to r when You deposit $1,000 in an account with an annual interest rate of change r (in decimal form) compounded monthly.At the end of 4 years,the balance is   Find the rate of change of A with respect to r when   Round your answer to two decimal places. ​ A)  $1,375.67 B)  $65,594.67 C)  $114.64 D)  $5,466.22 E)  $5,430.02 Round your answer to two decimal places. ​


A) $1,375.67
B) $65,594.67
C) $114.64
D) $5,466.22
E) $5,430.02

Correct Answer:

verifed

Verified

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

Related Questions