Asked by school
How much money will you have at the end of one year if interest is compounded semiannually at 10% on a $600 deposit?
A. $661.50
B. $659.50
C. $662.00
D. $660.00
i think it's d but not sure
A. $661.50
B. $659.50
C. $662.00
D. $660.00
i think it's d but not sure
Answers
Answered by
Reiny
amount = 600(1.05)^2
= ...
how can you not be sure ?
= ...
how can you not be sure ?
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