If $3,000 Is Deposited at the Beginning of Each Quarter

Multiple Choice

If $3,000 is deposited at the beginning of each quarter into an account that earns 7% compounded quarterly, how long until the account contains $37,000? Express your answer as a whole number of quadrants. ​

A) 13 quarters
B) 12 quarters
C) 14 quarters
D) 15 quarters
E) 9 quarters