Question: $5,600 at 7% compounded quarterly for 5 years. I need to identify which formula to use (picture), find the amount compounded after 5 years, and

$5,600 at 7% compounded quarterly for 5 years. I need to

$5,600 at 7% compounded quarterly for 5 years. I need to identify which formula to use (picture), find the amount compounded after 5 years, and find the amount of interest earned. Please help thank you!

Find the compound amount for the dep $5600 at 7% compounded quarterl O B. A 1 0.07 Dj 0.07 Click to select your answer(s)

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