How much will accumulate in an account with an intitial deposit of $100 and which earns 10% interest compounded quarterly for three years
A. 952
B. 1600
C. 1728
D. 3973

Future value of cash flow = Cash flow * Compounding factor @ 2.5% for 12 years
Interest is compounded 4 times thus rate of interest will be 10%/4 = 2.5%
Interest is compounded 4 times in a year therefore the interest is compounded 3 * 4 =12 times.