Your bank give you 6% annual interest compounded quarterly on all savings account balances. Which of the following is the multiplier used when modeling this situation A. 1.015
B. 1.02
C. 1.04
D. 1.06
E. 0.94

Hakeem puts $59 from each paycheck into his savings account. he gets paid every two weeks or 26 times per year. his goal is to save $1500 this year. will hakeem reach his goal? explain your answer using words, a model and equation.