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anonymous
 one year ago
A principal of $835 is invested in an account at 3% per quarter simple interest. Which of the following sequences describes the dollar amount of principal in the account at quarterly intervals?
A. 66.80, 133.60, 200.40, 267.20, 334.00, ...
B. 835.00, 901.80, 968.60, 1,035.40, 1,102.20, ...
C. 25.05, 50.10, 75.15, 100.20, 125.25, ...
D. 835.00, 860.05, 885.10, 910.15, 935.20, ...
E. 835.00, 860.05, 885.70, 911.15, 937.26, ...
anonymous
 one year ago
A principal of $835 is invested in an account at 3% per quarter simple interest. Which of the following sequences describes the dollar amount of principal in the account at quarterly intervals? A. 66.80, 133.60, 200.40, 267.20, 334.00, ... B. 835.00, 901.80, 968.60, 1,035.40, 1,102.20, ... C. 25.05, 50.10, 75.15, 100.20, 125.25, ... D. 835.00, 860.05, 885.10, 910.15, 935.20, ... E. 835.00, 860.05, 885.70, 911.15, 937.26, ...

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welshfella
 one year ago
Best ResponseYou've already chosen the best response.1each quarter 0.03 * 835 is added the the principal amount 9 0.03 = 3%) 0.03 * 835 = $25.05

welshfella
 one year ago
Best ResponseYou've already chosen the best response.1after first quarter principal = 835 + 25.05 = 860.05

welshfella
 one year ago
Best ResponseYou've already chosen the best response.1No c gives the interest you want the principal every quarter

welshfella
 one year ago
Best ResponseYou've already chosen the best response.1which of the options adds 25.05 dollars each quarter?

welshfella
 one year ago
Best ResponseYou've already chosen the best response.1Not c  this gives the interest only
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