Solve the Problem. -John Leeʹs Savings Account Has a Balance of $3856. After

question 178

Multiple Choice

Solve the problem.
-John Leeʹs savings account has a balance of $3856. After 2 years, what will the amount of interest Be at 4% compounded semiannually?

• A) $314.65
• B) $155.78
• C) $317.86
• D) $308.48

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