Assume that you deposit $ $7,000 in an account earning 3% simple interest for 5 years. What is the accumulated interest at the end of year 5? Select one: O a. 1,050 O b. 210 O c. 1,210 O d. 1,000 Wealth maximization does not take into account the timing of earnings, while Profit maximization does. Select one: True O False