Aaron deposits $20,000 in a bank account that earns 5.9%
compounded quarterly. The amount of money, A, in the
account can be determined by the formula
A = 20,000 (1 + 0.059) 41
where t is the number of years that the money is in the
bank. How much money does Aaron have after 10 years?
$17,972.10
0 $30,872.31
O $13,804.20
O $35,924.64