Complete the Table to Determine the Balance a for P $P = \$ 1100 ; r = 2 \% ; t = 10 \text { year }$

question 144

Multiple Choice

Complete the table to determine the balance A for P dollars invested at rate r for t years and compounded n times per year. $P = \$ 1100 ; r = 2 \% ; t = 10 \text { year }$

• A)\(\begin{array} { | l | l | l | l | l | l | l | }
• \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\
• \hline A & \$ 1,340.89 & \$ 1342.21 & \$ 1,342.87 & \$ 1,343.32 & \$ 1,343.54 & \$ 1,343.54 \\
• \hline
• \end{array}\)
• B)\(\begin{array} { | l | l | l | l | l | l | l | }
• \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\
• \hline A & \$ 1,340.89 & \$ 1,343.54 & \$ 1,342.87 & \$ 1,343.32 & \$ 1,343.32 & \$ 1,343.54 \\
• \hline
• \end{array}\)
• C)\(\begin{array} { | l | l | l | l | l | l | l | }
• \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\
• \hline A & \$ 1,340.89 & \$ 1342.21 & \$ 1,340.89 & \$ 1,343.32 & \$ 1,343.32 & \$ 1,343.54 \\
• \hline
• \end{array}\)
• D)\(\begin{array} { | l | l | l | l | l | l | l | }
• \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\
• \hline A & \$ 1342.21 & \$ 1,340.89 & \$ 1,342.87 & \$ 1,343.32 & \$ 1,343.54 & \$ 1,343.54 \\
• \hline
• \end{array}\)
• E)\(\begin{array} { | l | l | l | l | l | l | l | }
• \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\
• \hline A & \$ 1,340.89 & \$ 1342.21 & \$ 1,342.87 & \$ 1,343.54 & \$ 1,343.32 & \$ 1,343.32 \\
• \hline
• \end{array}\)

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