John deposited $10,000 to open a new savings account that earned 12 percent annual interest, compounded quarterly. If there were no other transactions in the account, what was the amount of money in John’s account 6 months after the account was opened?  Choose the correct choice.
A) $10,101
B) $10,609
C) $10,209
D) $10,601
E) $10,404
12 percent annual interest compounded quarterly --&gt; 3% in 3 moths.   For the first 3 moths interest was 3% of $10,000, so $300;   For the next 3 moths interest was 3% of $10,000,plus9 earned on previous interest of $100, so $300+$9=$309;   Total interest for 6 months was $300+$309  300+ 9= 
<gadget id="calculator">  300+ 9</gadget>
<output>309</output>
$309;   Total interest for 6 months was $300+$309=$609, hence balance after 6 months was $10,000+ $609 300+ 309= 
<gadget id="calculator"> 300+ 309</gadget>
<output>609</output>
$609, hence balance after 6 months was $10,000+ $609=$10,609.   Answer: $10,609.
<result>B</result>
John deposited $10,000 to open a new savings account that earned 12 percent annual interest, compounded quarterly. If there were no other transactions in the account, what was the amount of money in John’s account 6 months after the account was opened?