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Complete the Table to Determine the Balance a for P P=$1100;r=2%;t=10 year P = \$ 1100 ; r = 2 \% ; t = 10 \text { year }

Question 24

Multiple Choice

Complete the table to determine the balance A for P dollars invested at rate r for t years and compounded n times per year.​ P=$1100;r=2%;t=10 year P = \$ 1100 ; r = 2 \% ; t = 10 \text { year }


A) n12412365 continuous A$1,340.89$1342.21$1,342.87$1,343.32$1,343.54$1,343.54\begin{array} { | l | l | l | l | l | l | l | } \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\\hline A & \$ 1,340.89 & \$ 1342.21 & \$ 1,342.87 & \$ 1,343.32 & \$ 1,343.54 & \$ 1,343.54 \\\hline\end{array}
B) n12412365 continuous A$1,340.89$1,343.54$1,342.87$1,343.32$1,343.32$1,343.54\begin{array} { | l | l | l | l | l | l | l | } \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\\hline A & \$ 1,340.89 & \$ 1,343.54 & \$ 1,342.87 & \$ 1,343.32 & \$ 1,343.32 & \$ 1,343.54 \\\hline\end{array}
C) n12412365 continuous A$1,340.89$1342.21$1,340.89$1,343.32$1,343.32$1,343.54\begin{array} { | l | l | l | l | l | l | l | } \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\\hline A & \$ 1,340.89 & \$ 1342.21 & \$ 1,340.89 & \$ 1,343.32 & \$ 1,343.32 & \$ 1,343.54 \\\hline\end{array}
D) n12412365 continuous A$1342.21$1,340.89$1,342.87$1,343.32$1,343.54$1,343.54\begin{array} { | l | l | l | l | l | l | l | } \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\\hline A & \$ 1342.21 & \$ 1,340.89 & \$ 1,342.87 & \$ 1,343.32 & \$ 1,343.54 & \$ 1,343.54 \\\hline\end{array}
E) n12412365 continuous A$1,340.89$1342.21$1,342.87$1,343.54$1,343.32$1,343.32\begin{array} { | l | l | l | l | l | l | l | } \hline n & 1 & 2 & 4 & 12 & 365 & \text { continuous } \\\hline A & \$ 1,340.89 & \$ 1342.21 & \$ 1,342.87 & \$ 1,343.54 & \$ 1,343.32 & \$ 1,343.32 \\\hline\end{array}

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