George invests a sum of money into a savings account with a fixed annual interest rate...

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George invests a sum of money into a savings account with a fixed annual interest rate of 5.5% and compound 6 times a year. After 7 years the account has a balance of $3,820. What is the initial investment? O $2603.88 O $5604.10 O $7082.77 George invests a sum of money into a savings account with a fixed annual interest rate of 5.5% and compound 6 times a year. After 7 years the account has a balance of $3,820. What is the initial investment? O $2603.88 O $5604.10 O $7082.77