Answer:
E
Step-by-step explanation:
I think the answer is option e mn
Part A
The exponential model that describes the situation
The formula is
Y (x)=400 (1+0.02/4)^4x
Y (x)=400 (1+0.005)^4x
Y (x)=400 (1.005)^4x
Where x is the number of years
Part B
The value of the account after 5 years
Y (5)=400×(1.005)^(4×5)
Y (5)=441.96
I believe the answer is 1/531441