Solve the problem. Round to the nearest cent. Barbara knows that she will need to buy a new car in 3 years. The car will cost $15,000 by then. How much should she invest now at 7%, compounded quarterly, so that she will have enough to buy a new car?
A) $12,180.87
B) $13,101.58
C) $13,529.14
D) $11,443.43