Twelve Years Ago,you Deposited $3,400 into an Account

Multiple Choice

Twelve years ago,you deposited $3,400 into an account.Seven years ago,you added an additional $1,000 to this account.You earned 8 percent,compounded annually,for the first 5 years and 5.5 percent,compounded annually,for the last 7 years.How much money do you have in your account today?

A) $5,666.67
B) $6,717.29
C) $7,411.90
D) $8,708.15
E) $8,721.97