HURRY !!!!!!!!!!!!!!!!!!!!! WILL MARK BRAINLIEST IF RIGHT
Juanita goes to a bank and opens a new account.

She deposits $7,500.
The bank pays 1.2% interest compounded annually on this account.
Laura makes no additional deposits or withdrawals.
Which amount is the closest to the account balance at the end of 5 years?


$7,950.00

$7,960.00

$7,960.93

$7,970.93