Erin entered the following expression into her graphing calculator. 14800*(1+.04/12)
(1242)
Which of these future values could she have been calculating?
A. The future value of $14,800 invested at 12% interest compounded
semiannually for 4 years.
B. The future value of $14,800 invested at 4% interest compounded
monthly for 2 years
C. The future value of $14,800 invested at 12% interest compounded
quarterly for 2 years
D. The future value of $14.800 invested at 4% interest compounded
semiannually for 12 years.