Evaluate. Round dollar amounts to the nearest cent and other answers to the nearest thousandth when necessary.
-$$\mathrm { P } \left( 1 + \frac { \mathrm { r } } { \mathrm { k } } \right) ^ { \mathrm { kn } } \text { for } \mathrm { P } = \$ 1,000 , \mathrm { n } = 6 , \mathrm { r } = 7 \% \mathrm { k } = 1$$
A) $1402.55
B) $1605.78
C) $500.73
D) $1500.73

Question

Quizplus · Accepted Answer

The Answer of Evaluate. Round dollar amounts to the nearest cent and other answers to the nearest thousandth when necessary.
-$$\mathrm { P } \left( 1 + \frac { \mathrm { r } } { \mathrm { k } } \right) ^ { \mathrm { kn } } \text { for } \mathrm { P } = \$ 1,000 , \mathrm { n } = 6 , \mathrm { r } = 7 \% \mathrm { k } = 1$$
A) $1402.55
B) $1605.78
C) $500.73
D) $1500.73

Evaluate Round Dollar Amounts to the Nearest Cent and Other