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Four years ago, Linh deposited $11,000 into an account at Albury & Wodonga Bank that pays an interest rate of 3% per annum, compounded quarterly.

Four years ago, Linh deposited $11,000 into an account at Albury & Wodonga Bank that pays an interest rate of 3% per annum, compounded quarterly. The accumulated balance six years from now will be

Select one:

a. $14,783.08

b. $13,872.04

c. $14,831.83

d. $15,720.94

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