Use the formula for computing future value using compound interest to determine the value of an account at the end of 7 years if a principal amount of $7,000 is deposited in an account at an annual...

Use the formula for computing future value using compound interest to determine the value of an account at the end of 7 years if a principal amount of $7,000 is deposited in an account at an annual interest rate of 5% and the interest in compounded quarterly?