Four times per year, a loan of $8,500 compounds
interest at a rate of 6.2%. If no money is paid
towards the loan, which equation models the
value, A, owed on the loan after 4 years?
A = 8,500(0.0165)^4
B= 8,500(0.066) ^16
C= 8,500(1.0165)^16
D= 8,500(1.066)^4