You deposit $1000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after the four years? A.$1,082.40 B. $1,100.00 C.$1,103.80 D.$1,344.90. Redo question 18 above with the same amount of deposit and the same interest rate, but with the interest compounded quarterly. How much money would you have at the end of the four years in this situation?
A.$1,081.70
B.$1,083.10
C.$1,110.80
D.$1,351.30
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