A certain investment grows at an annual interest rate of 8%, compounded quarterly. Which of the following equations can be solved to find the number of years, x, that it would take for the investment to increase by a factor of 16 ?
A. \(16=(1.02)^{\frac{x}{4}}\)
D. \(2=(1.02)^{\frac{x}{4}}\)
সঠিক উত্তরঃ
A.
\(16=(1.02)^{\frac{x}{4}}\)