Bobby's Grandmother Deposited $100 in a Savings Account for Him

Multiple Choice

Bobby's grandmother deposited $100 in a savings account for him when he was born.The money has been earning an annual rate of 12% interest,compounded quarterly for the last 25 years.He is getting married and would like to take his new bride on a fabulous honeymoon.How much does he have in this account to use?

A) $4,165
B) $1,700
C) $5,051
D) $1,922