document.write( "Question 1026745: Would someone please check my work? The question is which of the following statements does NOT accurately describe an account into which $400 is deposited and earns 6% annual interest compounded quarterly?
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document.write( "A. 400(1.015)^4t
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document.write( "B. 400(1+.06/4)^4t
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document.write( "C. 400(1.06/4)^4t
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document.write( "D. none of these (all are accurate)
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document.write( "I chose C as being incorrect. Am I correct? Thanks in advance! \n" );
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Algebra.Com's Answer #642041 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! Would someone please check my work? The question is which of the following statements does NOT accurately describe an account into which $400 is deposited and earns 6% annual interest compounded quarterly? \n" ); document.write( "A. 400(1.015)^4t \n" ); document.write( "B. 400(1+.06/4)^4t \n" ); document.write( "C. 400(1.06/4)^4t \n" ); document.write( "D. none of these (all are accurate) \n" ); document.write( "I chose C as being incorrect. Am I correct? Thanks in advance! \n" ); document.write( " Your answer's correct. Good job!\n" ); document.write( " |