Write the First Four Terms of the Sequence Whose General $\$ 8000$

question 196

Multiple Choice

Write the first four terms of the sequence whose general term is given.
-A deposit of $\$ 8000$ is made in an account that earns $8 \%$ interest compounded quarterly. The balance in the account after $n$ quarters is given by the sequence
$a _ { n } = 8000 \left( 1 + \frac { 0.08 } { 4 } \right) ^ { n } \quad n = 1,2,3 , \ldots$
Find the balance in the account after 28 quarters.

• A) \(\$ 13,928.19\)
• B) \(\$ 14,014.19\)
• C) \(\$ 13,989.19\)
• D) \(\$ 13,781.19\)

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