On Each of Two Days (January 1, 2005 and January $2500\left(1+\frac{0.06}{4}\right)^{4}$

Multiple Choice

On each of two days (January 1, 2005 and January 1, 2006) , a person deposits $2500 in a savings bank.The bank deposits interest in the account at a rate of 6%, compounded 4 times per year.Choose the sum that gives the size of the bank account at the end of 2006.

A) $2500\left(1+\frac{0.06}{4}\right) ^{4}$
B) $2500+\left(2500\left(1+\frac{0.06}{4}\right) ^{4}\right)$
C) $\left[2500+\left(2500\left(1+\frac{0.06}{4}\right) ^{4}\right) \right]\left(1+\frac{0.06}{4}\right) ^{4}$
D) $2500\left(1+\frac{0.06}{4}\right) ^{4}+\left[2500+\left(2500\left(1+\frac{0.06}{4}\right) ^{4}\right) \right]$