Evaluate the Sum $$\sum _ { j = 4 } ^ { 15 } ( 7 j + 8 )$$

question 393

Multiple Choice

Evaluate the sum.
- $$\sum _ { j = 4 } ^ { 15 } ( 7 j + 8 )$$

• A) 866
• B) 789
• C) 894
• D) 761

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Definitions:

Life Insurance Receivable

An asset representing the amount due to a beneficiary upon the death of the insured person, or the cash value of a policy owned by a company.

Rental Income

Earnings received from renting out property or other assets.

Journal Entry

A record of financial transactions in accounting, typically consisting of a debit to one or more accounts and a credit to another, balancing out.

Liabilities

Financial obligations or debts that a company owes to others, which are expected to be paid in the future.