Which of the following equations could represent the account balance …

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Balance increased by 0.6% after 4 months. After 6 months, increased by 0.1% of balance at 4 months. Every 2 months after, increases by 0.1%. [cite: 1952, 1956]

Which of the following equations could represent the account balance

B (x)

, in dollars,

x

months after the account was opened, where

x \geq 4

B (x) = 704.20 (1.001)^{x - 4}

B (x) = 700.00 (1.001)^{\frac{x - 4}{2}}

B (x) = 704.20 (1.001)^{\frac{x - 4}{2}}

B (x) = 700.00 (1.001)^{2 (x - 4)}