John deposited $10,000 to open a new savints account that earned 4 percent annual interest, compunded 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 10,000
B 10,101
C 10,200
D 10,201
E 10,400
Can u pls explain how i can use FV = PV(1 + R/N) ^N*T formula.
OA later.