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Question 4 [ 0/1 pt 5 3 0 Details The amount of money, A(t) in a savings account that pays 4% interest, compounded quarterly for

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Question 4 [ 0/1 pt 5 3 0 Details The amount of money, A(t) in a savings account that pays 4% interest, compounded quarterly for t yesrs, when an initial investment of $1500 is made, is given by A(t) = 1500(1.01)it. A(7) - A(3 a) Find 7 - 3 Round your answer to two decimal places. b) What rate of change does this represent? O The amount you found in part a) is the amount to which the investment will grow over the period of time. O The amount you found in part a) is the total growth over the period of time. O The amount you found in part a) is the average annual increase in account value over the period of time. Check

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