Solve the problem.Suppose that $2400 is invested at 7% interest, compounded quarterly. Find the function for the amount of money after t years.

A. A(t) = 2400(1.0175)4t
B. A(t) = 2400(1.07)4t
C. A(t) = 2400(1.07)t
D. A(t) = 2400(1.0175)t


Answer: A

Mathematics

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Mathematics

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A. 6
B.  
C.  
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Mathematics