Catelyn invested $7000 in an account that earns 5.6%

Last updated: 7/21/2022

Catelyn invested $7000 in an account that earns 5.6% interest, compounded annually. The formula for compound interest is A(t) = P(1 + i)t. How much did Catelyn have in the account after 4 years? A. $8704.70 B. $8719.36 C. $8568.00 D. $10,920.00