Solve for X $\$ 9000$ At $17 \%$ Annual Rate of Interest Compounded Quarterly? How Much Will He

Multiple Choice

Solve for x.
-How much money will Lyle have in 6 years is he invests $\$ 9000$ at $17 \%$ annual rate of interest compounded quarterly? How much will he have if it is compounded monthly? Use the interest formula $\mathrm { A } = \mathrm { P } \left( 1 + \frac { \mathrm { r } } { \mathrm { n } } \right) ^ { \mathrm { n } t }$ . Round the answers to the nearest cent.

A) $\$ 9964.30$ when compounded quarterly
$\$ 9965.73$ when compounded monthly
B) $\$ 24,438.13$ when compounded quarterly
$\$ 67,279.74$ when compounded monthly
C) $\$ 9964.30$ when compounded quarterly
$\$ 24,780.75$ when compounded monthly
D) $\$ 24,438.13$ when compounded quarterly
$\$ 24,780.75$ when compounded monthly