At the Birth of Their Child, the Fieldsons Deposited $4000

Multiple Choice

At the birth of their child, the Fieldsons deposited $4000 in an account paying 7% interest, compounded quarterly.How much will be available when the child turns 14?

A) $10,567.87
B) $10,868.27
C) $5,283.94
D) $10,668.41
E) $10,467.33