Use estimation to select the best response. Do not calculate.
If and P = $120,192.31, r = 10.4%, and t = 2 years, estimate I.

A) $5,000
B) $25,000
C) $250,000
D) $2,500
E) $125,000

Question

Use estimation to select the best response. Do not calculate. ​
If  and P = $120,192.31, r = 10.4%, and t = 2 years, estimate I.
​
A) $5,000 
B) $25,000 
C) $250,000 
D) $2,500 
E) $125,000

Quizplus · Accepted Answer

The Answer of Use estimation to select the best response. Do not calculate. ​
If  and P = $120,192.31, r = 10.4%, and t = 2 years, estimate I.
​
A) $5,000 
B) $25,000 
C) $250,000 
D) $2,500 
E) $125,000

Use Estimation to Select the Best Response