Question

Can i please have help solving this? It is math modeling thanks!!

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A newborn child receives a $7,000 gift toward a college education from her grandparents. How much will the $7,000 be worth in 20 years if it is invested at 4.9% compounded quarterly? The $7,000 will be worth $ in 20 years.
(Do not round until the final answer. Then round to the nearest cent as needed.)