5. Ricky invested $1000 in an account at 8% interest compounded quarterly. How much money will he have earned on the account after 7 years?
A. $1,741.02
B. $1,713.82
c. $713.82
D. $741.02
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Home » Mathematics » 5. Ricky invested $1000 in an account at 8% interest compounded quarterly. How much money will he have earned on the account after 7 years? A. $1,741.02 B. $1,713.82 c. $713.82 D. $741.02