Business
Business, 06.05.2021 01:00, thedragontale1020

PLEASE HELP ASAP The function f(x) = 1,250(1 + )4t models the balance in a savings account. Which statement accurately describes the account?

A. The account had an initial balance of $1,250 and compounds monthly at an interest rate of 0.1%.

B. The account had an initial balance of $1,250 and compounds quarterly at an interest rate of 12%.

C. The account had an initial balance of $1,250 and compounds monthly at an interest rate of 4%.

D. The account had an initial balance of $1,250 and compounds quarterly at an interest rate of 1.2%.


PLEASE HELP ASAP

The function f(x) = 1,250(1 + )4t models the bal

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PLEASE HELP ASAP The function f(x) = 1,250(1 + )4t models the balance in a savings account. Which...

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