Assume that $350 is deposited at the end of each year in an account in which interest is compounded annually at a rate of 7%.Find the accumulated amount after 5 years.Round to the nearest cent.
A)$1,988.16
B)$2,033.96
C)$2,019.66
D)$2,026.56
E)$2,012.76

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The Answer of Assume that $350 is deposited at the end of each year in an account in which interest is compounded annually at a rate of 7%.Find the accumulated amount after 5 years.Round to the nearest cent.
A)$1,988.16
B)$2,033.96
C)$2,019.66
D)$2,026.56
E)$2,012.76

Assume That $350 Is Deposited at the End of Each