Question:

Geraldine opened a savings account with a principal amount

Last updated: 7/20/2022

Geraldine opened a savings account with a principal amount

Geraldine opened a savings account with a principal amount of $100. The interest is 105 compounded quarterly. At the end of six months, the amount of money in her savings account will be a. $100.00 b. $102.50 c. $102.56 d. $105.06