If you invest $$5,000$ today at an annual interest rate of $7\%$ compounded weekly, how much will it

grow to in $8$ years?

Select one:

a$.F{V}_8=$$$5,000**(1+0\mathrm{.}07{)}^8=$$$8,590\mathrm{.}93$

b$.F{V}_8=$$$5,000**(1+0\mathrm{.}001346{)}^{416}=$$$8,750\mathrm{.}07$

c$.F{V}_8=$$$5,000**(1+0\mathrm{.}00583{)}^{416}=$$$56,207\mathrm{.}73$

d$.F{V}_8=$$$5,000**(\frac{(1+0\mathrm{.}07{)}^8}{0\mathrm{.}07})=$$$51,299\mathrm{.}01$