Ravi Singh has invested $7,000 in an account earning 3.75% compounding quarterly. The value of the account at the end of 4 years is closest to:

Ravi Singh has invested $7,000 in an account earning 3.75% compounding quarterly. The value of the account at the end of 4 years is closest to: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $12,615.59 b b $8,127.16 $8,110.55