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?
\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( "

Algebra.Com's Answer #642041 by MathTherapy(10552)\"\" \"About 
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( "Equation: \"A+=+P%281+%2B+i%2Fm%29%5E%28mt%29\"
\n" ); document.write( "\"A+=+400%281+%2B+.06%2F4%29%5E%284%2At%29\" ------ Same as CHOICE B
\n" ); document.write( "\"A+=+400%281+%2B+0.015%29%5E%284t%29\" ------- Same as CHOICE A
\n" ); document.write( " \n" ); document.write( "
\n" );