Solve the problem.If x dollars is deposited every four weeks (13 times a year) into an account paying an annual interest rate r, expressed in decimal form, then the amount An in the account after n years can be approximated by the formula
If
is deposited every four weeks into an account paying
interest, approximate the amount in the account after 24 years.
A. $54,938.30
B. $22,461.11
C. -$6395.55
D. $1098.77
Answer: A
Mathematics
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A. , 1
B. , -1
C. , 0
D. , -1
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