Which of the following equations describes the amount of money, A, that results from investing a principal of $900 at 5% interest, compounded 5 times a year, over a period of t years.
Select one:
a. A=900(0.05)^5t
b. A=900(1.01)^t
c. A=900(1.05)^t
d. A=900(1.01)^5t
