又有一道题不解

yin0883

On july 1,1982,Ms.Fox deposited $10,000 in a new account at the annual interest rate of 12 percent compounded monthly.

if no additional deposits or withdrawals were made and if interest was credited on the last day of each month, what  was the

amount of money in the account on September 1,1982?

A.$10,200

B.$10,201

C.$11,100

D.$12,100

E.$12,544

为什么答案是B呢？多出的1$怎么来得

owenwei

10000*1.01*1.01

yin0883

晕死。。。这道题是我不好...