You invest an initial $100 in an account that has an annual interest rate of 3%, compounded quarterly. How much money will you have in the account after 20 years? Round your answer to the nearest whole number.
A) 190
B) 200
C) 210
D) 182
Please Answer!

ok thats very interesting

step-by-step explanation: given equation a = h(b 1+b 2)

also we are given values of a, h and b 1 as :

a = 16, h = 4, and b 1 = 3.

in order to solve it for b 2, we need to plug the given values of   a, h and b 1 .

therefore, plugging values of   a, h and b 1   in given equation, we get

16 = 4( 3 + b 2)

first dividing both sides by 4, we get

4 = 3 + b 2

subtracting 3 from both sides, we get

4 -3 = 3 -3 + b 2

1 = b 2.

8.3 and the 3 is repeating

hope this .