A principal amount of $6,000 is placed in a savings account with 6% annual interest compounded quarterly. Part A: List the total account balances for years 0 through 4. Show all necessary work.  Part B: Which type of function best models the data?  Part C: Solve for the APY.

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Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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A principal amount of $6,000 is placed in a savings account with 6% annual interest compounded quarterly.

Part A: List the total account balances for years 0 through 4. Show all necessary work. 

Part B: Which type of function best models the data? 

Part C: Solve for the APY. Show all necessary work.

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