Find the Compound Interest Earned by the Deposit $\$ 110,000$ At $1.21 \%$

Multiple Choice

Find the compound interest earned by the deposit. Round to the nearest cent.
- $\$ 110,000$ at $1.21 \%$ compounded quarterly for 5 years.

A) $\$ 29,914.00$
B) $\$ 6818.01$
C) $\$ 1673.85$
D) $\$ 6849.76$