You Put $100 in a Bank for a Fixed Two

Multiple Choice

You put $100 in a bank for a fixed two year term.The interest rate on the loan is 8% per annum,compounded semi-annually.Because the term is fixed,you are not allowed to withdraw interest at any point.What is the total amount of interest earned in the final half-year of the term?

A) $4.00
B) $4.50
C) $4.67
D) $4.16
E) $4.33