Evaluate Round Dollar Amounts to the Nearest Cent and Other

Multiple Choice

Evaluate. Round dollar amounts to the nearest cent and other answers to the nearest thousandth when necessary.
- $$1,000 \left( 1 + \frac { \mathrm { r } } { \mathrm { k } } \right) ^ { \mathrm { kn } } \text { for } \mathrm { n } = 7 , \mathrm { r } = 5 \% , \mathrm { k } = 2$$

A) $412.97
B) $1412.97
C) $1407.10
D) $1378.51