A Home Improvement Firm Has Quoted a Price of $9,800

A home improvement firm has quoted a price of $9,800 to fix up Eric's backyard.Five years ago,Eric put $7,500 into a home improvement account that has earned an average of 5.25% per year.Does Eric have enough money in his account to pay for the backyard fix-up?

A) Yes;Eric now has exactly $9,800 in his home improvement account.
B) No;Eric has only $9,687 in his home improvement account.
C) Yes;Eric now has $10,519 in his home improvement account.
D) There is not enough information to answer this question.