3
QuizMultiple Choice

Applying Vectors in the Plane — Unit test

Question 3 of 15 • Precalculus

A furniture store offers a one-year monthly installment plan for a set of living room furniture. The payment for the first month is $65, and then it increases by 5% each month for the rest of the year. How much money is paid after 12 months? Round your answer to the nearest dollar.

Answer
A
$780
B
$819
C
$1,035
D
$1,401
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