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Write the First Four Terms of the Sequence Whose General $6000\$ 6000

Question 49

Multiple Choice

Write the first four terms of the sequence whose general term is given.
-A deposit of $6000\$ 6000 is made in an account that earns 9%9 \% interest compounded quarterly. The balance in the account after nn quarters is given by the sequence
an=6000(1+0.094) nn=1,2,3,a _ { n } = 6000 \left( 1 + \frac { 0.09 } { 4 } \right) ^ { n } \quad n = 1,2,3 , \ldots
Find the balance in the account after 7 years.


A) $11,187.27\$ 11,187.27
B) $11,263.27\$ 11,263.27
C) $11,242.27\$ 11,242.27
D) $11,056.27\$ 11,056.27

Correct Answer:

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