Solve the problem.Find the amount in a savings account at the end of 5 years if the amount originally deposited (the principal) is $7000 and the interest rate is 5% compounded quarterly.The formula for the final amount is A = Pnt.

A. $141,750.00
B. $7448.58
C. $8974.26
D. $9871.69


Answer: C

Mathematics

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A.
B.
C.
D.

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