Multiple Choice
Consider the sequence 
whose nth term is given by 
where P is the principal, 
is the amount of compound interest after n months,and r is the annual percentage rate.Write the first four terms of the sequence for 
and 
Round your answer to two decimal places.
A) 9,563.33, 9,637.22, 9,716.38, 9,755.88
B) 9,564.34, 9,637.22, 9,716.38, 9,789.25
C) 9,563.33, 9,627.09, 9,691.27, 9,755.88
D) 9,564.34, 9,637.22, 9,691.27, 9,755.88
E) 9,564.34,9,627.09,9,691.27,9,789.25
Correct Answer:
Verified
Correct Answer:
Verified
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