Please help! 4-Find the balance. $4000 deposited earning 6% compounded monthly
for 5 years. *
A)$5395.40
B)$6899.15
C)$100.53
D)$420,00

What is the sum of the geometric series in which a1 = 7, r = 3, and an = 1,701? hint: cap s sub n equals start fraction a sub one left parenthesis one minus r to the power of n end power right parenthesis over one minus r end fraction comma r ≠ 1, where a1 is the first term and r is the common ratio