Solve the Problem. Round to the Nearest Cent

question 88

Multiple Choice

Solve the problem. Round to the nearest cent.
-Cara needs $9,000 in 12 years. What amount can she deposit at the end of each quarter at 6% interest compounded quarterly so she will have her $9,000?

• A) $125.68
• B) $133.23
• C) $533.49
• D) $129.37

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Definitions:

Communication Bias

Prejudices or predispositions that affect how we communicate and interpret messages from others.

Effective Leaders

Individuals who possess the ability to inspire and guide others towards achieving shared goals while exhibiting integrity, vision, and communication skills.

Methodical

Describes a systematic, orderly, or organized way of doing something.

Style Flex

The ability to adapt one's fashion or appearance to suit different contexts, environments, or preferences.