Adeposit of $3,000 is made into a savings account which earns 5 1 8 % interest compounded annually. if no additional deposits or withdrawals are made, which amount is the total balance at the end of 7 years? a) $4,076.25 b) $4,221.30 c) $4,256.60 d) $4,364.04 plz explain on how to solve it