Solve the Problem $A = P \left( 1 + \frac { r } { n } \right) ^ { n t }$

question 41

Multiple Choice

Solve the problem.
-Daryl borrows $3,750 at a rate of 10.5% compounded semiannually. Find how much Daryl owes at the end of 5 years. Use: $A = P \left( 1 + \frac { r } { n } \right) ^ { n t }$ where:
$\mathrm { A } =$ final amount
$\mathrm { P } = \$ 3,750$ (the amount borrowed)
$r = 10.5 \% = 0.105$ (the annual rate of interest)
$\mathrm { n } = 2$ (the number of times interest is compounded each year)
$t = 5$ (the duration of the loan in years)

• A) \(\$ 4,843.30\)
• B) \(\$ 6,880.90\)
• C) \(\$ 39,468.75\)
• D) \(\$ 6,255.36\)

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Definitions:

Immunoglobulin Classes

Categories of immunoglobulins (antibodies) differentiated by their heavy chain types, playing diverse roles in the immune response.

Artificially Induced

A process or state that is caused to happen through artificial means rather than occurring naturally.

Naturally Induced

Refers to processes or conditions triggered by natural factors rather than artificial or human interventions.

Natural Exposure

Contact with natural environmental factors, such as sunlight or pathogens, without human intervention.