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100 Points
A geometric sequence begins with 4, 12, 36, 108, … Which option below represents the formula for the sequence? f(n) = 3(4)n+1 f(n) = 3(4)n−1 f(n) = 4(3)n+1 f(n) = 4(3)n−1gs account with an annual interest rate of 3% compounded quarterly. Determine the value of P if after 7 years, the account balance is $10,478.05. Round the answer to the nearest hundredths place. P = 1,383.08 P = 4,579.77 P = 8,500.00 P = 10,170.34

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