Subject: mathqa
Question: today joelle opened an interest - bearing savings account and deposited $ 7,000 . if the annual interest rate is 5 percent compounded interest , and she neither deposits nor withdraws money for exactly 2 years , how much money will she have in the account ?
Option: 
A: $ 7747.50
B: $ 7717.50
C: $ 7727.50
D: $ 7737.50
Answer: B