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Catelyn invested $7000 in an account that earns 5.6% interest, compoundedannually. The formula for compound interest is A(t) = P(1 + i)t.How much did Catelyn

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

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