Solve the problem.If P dollars are deposited every 4 weeks in an account paying an annual interest rate r expressed as a decimal, then the amount A in the account after 2 years can be approximated by A = 
÷ 
Use a calculator to evaluate the expression when r = 0.029 (2.9%) and P = $150. Interpret the result.
A. About $5209.12; if $150 is deposited every 4 wk in an account paying 2.9% annual interest, the account will have $5209.12 after 2 yr.
B. About $308.52; if $150 is deposited every 4 wk in an account paying 2.9% annual interest, the account will have $308.52 after 2 yr.
C. About $4010.72; if $150 is deposited every 4 wk in an account paying 2.9% annual interest, the account will have $4010.72 after 2 yr.
D. About $3910.89; if $150 is deposited every 4 wk in an account paying 2.9% annual interest, the account will have $3910.89 after 2 yr.
Answer: C
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