To complete the table, we need to calculate the amount accrued at different periods based on the given principal, annual percentage rate (APR), term, and compounding period.

What is the correct approach to calculate the amount accrued for each period?

A) Use the formula for compound interest and calculate the amount accrued using the given principal, APR, term, and compounding period.
B) Use the formula for simple interest and calculate the amount accrued using the given principal, APR, term, and compounding period.
C) Use the formula for present value and calculate the amount accrued using the given principal, APR, term, and compounding period.
D) Use the formula for future value and calculate the amount accrued using the given principal, APR, term, and compounding period.