Solve the Problem. Round to the Nearest Cent

question 187

Multiple Choice

Solve the problem. Round to the nearest cent.
-Green Thumb Landscaping wants to build a $140,000 greenhouse in 2 years. The company sets up A sinking fund with payments made quarterly. Find the payment into this fund if the money earns 8% interest compounded quarterly.

• A) $10,438.34
• B) $16,311.37
• C) $7511.02
• D) $33,967.33

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Definitions:

Transgenders

Individuals whose gender identity differs from the sex they were assigned at birth.

Gender Normative

People whose sex assignment at birth corresponds to their gender identity and expression. See also cisgender.

Heterosexuality

A sexual orientation characterized by a romantic or sexual attraction to people of the opposite gender.

Bisexuality

A sexual orientation characterized by the capacity to feel sexual or romantic attraction towards both men and women.