Solve the problem.
-At the end of every 3 months, Teresa deposits $\$ 100$ into an account that pays $4 \%$ compounded quarterly. After 4 years, she puts the accumulated amount into a certificate of deposit paying $7.5 \%$ compounded semiannually for 1 year. When this certificate matures, how much will Teresa have accumulated?
A) $\$ 1788.80$
B) $\$ 1857.65$
C) $\$ 1994.36$
D) $\$ 1848.71$

Question

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The Answer of Solve the problem.
-At the end of every 3 months, Teresa deposits $\$ 100$ into an account that pays $4 \%$ compounded quarterly. After 4 years, she puts the accumulated amount into a certificate of deposit paying $7.5 \%$ compounded semiannually for 1 year. When this certificate matures, how much will Teresa have accumulated?
A) $\$ 1788.80$
B) $\$ 1857.65$
C) $\$ 1994.36$
D) $\$ 1848.71$

Solve the Problem $100\$ 100$100 Into an Account That Pays 4%4 \%4%

Solve the Problem $\$ 100$ Into an Account That Pays $4 \%$