Multiple Choice Question: You deposit \$1,000 into a 9% account today. At the end of two years, you will deposit another \$3,000.

You deposit \$1,000 into a 9% account today. At the end of two years, you will deposit another \$3,000. In five years, you plan a \$4,000 purchase. How much is left in the account one year after the purchase?

A. \$1,552	C. \$1,691
B. \$925	D. \$1,424

Log in or register to post comments

Jhun Vert Fri, 07/05/2024 - 05:08

Log in or register to post comments

More Old MCQ

Orphaned Multiple Choice Questions (MCQ) due to changes of exam system.

Instead of multiplying the number by 17, Fred divided it by 17. If the answer he obtained was 1, what should have been the correct answer?
A triangle has a variable sides x, y, and z subject to the constraint that the perimeter P is fixed to 18 cm. What is the maximum possible area of the triangle?
Which of the following is equal to $\dfrac{\sin \theta}{1 + \cos \theta}$.
A boy playing under the street-light noticed that the length of shadow of his 5-foot stick erected vertically on the pavement, is 20 inches.
sHh2p5G-3 If member BC is 40 mm wide x 140 mm deep (dressed dimension), the maximum compressive stress (MPa) in the member BC is nearest to:
R3y8Yuq-2 determine the volume of earthwork by prismoidal formula.
For triangle BOA, B is on the y-axis, O is the origin, and A is on the x-axis. Point C(5, 2) is on the line AB. Find the length of AB if the area of the triangle is 36 unit2.
The two sides of a triangle are 25 cm and 26 cm, while the altitude to the third side is 24 cm. Find the area of the triangle.
Three marksmen simultaneously shoot and hit a rapidly spinning spherical target.
Jojie was sent to the store to get 11 cans of spam. Jojie could carry only two cans at a time. How many trips would Jojie have to make?
A stone is dropped into a well and the report of the stone striking the bottom is heard 7.7 seconds after it is dropped.
Find the probability that in a group of eight students at least two people have the same birthday.
A lead pencil whose ends are regular hexagons was cut from a cylindrical piece of wood with the least waste.
A truth serum given to a suspect is known to be 90% reliable when the person is guilty and 99% reliable when the person is innocent.
Which of the following formulas is used to convert an annuity $A$ to its present value $P$? Assume year-end convention. $n$ is the number of periods and $i$ is the interest rate per period.

Home • Forums • Blogs • Glossary • Recent
About • Contact us • Terms of Use • Privacy Policy • Hosted by Linode • Powered by Drupal

MATHalino - Engineering Mathematics • Copyright 2024 Jhun Vert • All rights reserved