Jasmyne invests into a savings account with an annual percentage rate (APR) that is compounded quarterly. Determine the total amount of Jasmyne's investment after 5 years.
a) Initial Investment (1 + Quarterly Interest Rate)(4 Number of Years)
b) Initial Investment (1 + APR)Number of Years
c) Initial Investment (1 + Quarterly Interest Rate)(Number of Compounding Periods)
d) Initial Investment (1 + APR)(Number of Compounding Periods Number of Years)