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George has $600 in his bank account today. He plans to deposit $200 in 7 months. He also plans to withdraw $300 in 13 months.

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George has $600 in his bank account today. He plans to deposit $200 in 7 months. He also plans to withdraw $300 in 13 months. He earns interest at 8% p.a.compounded monthly. Which of the following can be used to find the balance (X) of his bank account in 2 years? (There may be more than one correct answer. You will lose marks by choosing a wrong answer. The minimum mark for the question is zero.) Select one or more: a X = 600 + (1 + 0.08 )24 + 200 + (1 + 0.08 )17 - 300 + (1 + 0.08 11 7 13 0.08 0.08 *(1+ - 300 + (1+ +(1+ 12 c. None of the options can be used to find the remaining balance. 0.08 24 Od. 600 + (1+ + 200+ (1+ = 300 + (1+ + X 12 12 12 0.08 17 0.08 11 (1 +0:09) +x(1+ 910) -24 0.08 -13 e. 600 + 200 * 0.08 1+ 12 *(1+ 0,28 (1+423) *(1+ 0:08) = 300 + (1+ 17.12 0.08 0.08, 11*12 600 *(1+ 24.12 0.08 + 200 * 1 + 12 *(1+ = 300 + (1+ +1+ + X 12 12

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