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

question 49

Multiple Choice

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

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