How much did they make?

Question

At the end of every 3 months, Judy deposits $100 intoan account that pays 6% compounded quarterly. After 4 years, she puts the accumulated amount into a certificate of deposit paying 7.5% compounded semiannuanly for 1 year. When the certificate matures, how much did judy accumulate?

a)$1920.96

b)$1823.20

c)$2072.31

d)$1930.25

Answer 1

d)1930.25

Answer 2

Don't get Y!A to do your homework lol. It's Answer D)$1930.25

Answer 3

The answer is D. Used a financial calc. to confirm .