Suppose $3000 was invested into one of five accounts and t is time in years. For each verbal description (i)–(v), state which formulas (a)–(e) could represent it. (a) B = 3000(1.2)t (b) B = 3000(1.12)t (c) B = 3000(1.06)2t (d) B = 3000(1.06)t/2 (e) B = 3000(1.03)4t (i) This investment earned 12% per year, compounded annually. (ii) This investment earned more than 1% each month. (iii) This investment earned 12% per year, compounded twice annually. (iv) This investment earned less than 3% each quarter. (v) This investment earned more than 6% every 6 months

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