Use the Formula A $$A = P \left( 1 + \frac { r } { n } \right) ^ { n }$$

Multiple Choice

Use the formula A $$A = P \left( 1 + \frac { r } { n } \right) ^ { n }$$ to find the amount requested.
-A principal of $480 is invisted in an account paying on annual interest rate of 8%. Find the amount in the account after 7 years if hte account is compounded quarterly.

A) $835.69
B) $355.69
C) $819.31
D) $822.6400