GMAT Problem Solving
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Source: OG13th
Level: 1
John deposited $10,000 to open a new savings account that earned 4 percent annual interest, compounded quarterly. If there were no other transactions in the account, what was the amount of money in John's account 6 months after the account was opened?
- A 10100
- B 10101
- C 10200
- D 10201
- E 10400