An investor deposited $5,000 to open a new savings account that earned 4 percent annual interest, compounded quarterly. If there were no other transactions in the account, what was the amount of money in the account 6 months after the account was opened?
Choose the correct choice from the following choices:	A) $ 5050.50	B) $ 5100.50	C) $ 5200.50	D) $ 5300.50	E) $ 5400.50

Rationale: the amount in the account after 6 months is 1.01 * 1.01 ( $ 5,000 ) = $ 5100.50 the answer is b .
Answer: B