QUESTION 7 Suppose you deposit $10 every week into an account that eams 4% interest compounded weekly. How much money (to the nearest cent) will you have in the account after 5 years? Summarize the information provided, stating the interest rate in a decimal form. d = r = N = k = Identify the formula you will use to solve by writing the letter of the formula here: A. A=P(1+rt) B. P₁ = P₁(1+1) Nk C. PN P₁ = c((1+1)^²-1) + (1) D. P.-01-(1+) )-(2)

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