Solve the Problem

question 60

Multiple Choice

Solve the problem. Round to the nearest cent as needed.
-Brandon's savings account has a balance of $4069. After 4 years what will the amount of interest be at 5% compounded quarterly?

• A) $899.73
• B) $894.73
• C) $101.73
• D) $885.73

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Definitions:

Logical Filter

A function in programming and data processing that uses Boolean logic to sift through datasets, returning information that meets specific criteria.

Top Values Filter

A tool in data analysis that allows users to display only the highest ranking entries based on certain criteria.

Table Theme

A pre-set design option in software that applies specific fonts, colors, and styles to tables.

Table Style

A predefined set of formatting options for tables that can include borders, shading, and fonts, used to create a consistent look in documents.