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5. Ricky invested $1000 in an account at 8% interest compounded quarterly. How much money will he have earned on the account after 7 years? A. $1,741.02 B. $1,713.82 c. $713.82 …

5. Ricky invested $1000 in an account at 8% interest compounded quarterly. How much money will he have earned on the account after 7 years? A. $1,741.02 B. $1,713.82 c. $713.82 …
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5. Ricky invested $1000 in an account at 8% interest compounded quarterly. How much money will he have earned on the account after 7 years?

A. $1,741.02
B. $1,713.82
c. $713.82
D. $741.02

Please help I’m giving a lot of points I need this now

User Jmlevick
by
7.8k points

1 Answer

4 votes

Answer:

the answer is b

Explanation:

User Prentice
by
8.4k points
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