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If Ann puts $5,000 in the bank today and the bank pays interest at 8% compounded quarterly, how much will she have in three years?

If Ann puts $5,000 in the bank today and the bank pays interest at 8% compounded quarterly, how much will she have in three years? Multiple Choice $7,024.64
$5,624.32
$6,341.21
$6,298.56
Some other number
image text in transcribed
If Ann puts $5,000 in the bank today and the bank pays interest at 8% compounded quartetly, how much will she hove in three years? Mutiplo Choice $7,02464 55.624 .32 $6.341.21 56,298.56 Some other number

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