Assume that $1,200 is deposited in an account in which interest is compounded 8 times a year, at an annual rate of 7%.Find the accumulated amount after 3 years.Round your answer to the nearest cent.
A)$1,579.06
B)$1,779.06
C)$1,379.06
D)$1,429.06
E)$1,479.06

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The Answer of Assume that $1,200 is deposited in an account in which interest is compounded 8 times a year, at an annual rate of 7%.Find the accumulated amount after 3 years.Round your answer to the nearest cent.
A)$1,579.06
B)$1,779.06
C)$1,379.06
D)$1,429.06
E)$1,479.06

Assume That $1,200 Is Deposited in an Account in Which