please help with both

How much will $7000 in savings today be worth 12 years from now if it earns 8%, compounded quarterly?

a.) $11,997

b.) $17,627

c.) $8,878

d.) $281,474

e.) $18,110

The __________________ is the interest rate after accounting for any compounding that occurs during the year.

a.) Effective Annual Rate

b.) Cost of Capital

c.) Annual Percentage Rate

d.) Holding Period Return

e.) Discount Rate