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Today you invested $34500 in an investment that pays 3%and will mature in 7 years. Once the investmentmatures, you will reinvest your funds for another

Today you invested $34500 in an investment that pays 3%and will mature in 7 years. Once the investmentmatures, you will reinvest your funds for another 5 years in another investment that pays 8%.What will be the value of your investment after 12 years?

A. 72,274.41

B. 79,950.10

C. 62,344.55

D. 93,122.47

None

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