The Interest on $6,000 at 6% Compounded Semiannually for Eight

question 95

Multiple Choice

The interest on $6,000 at 6% compounded semiannually for eight years is (use table in the handbook) :

• A)$3,628.20
• B)$3,682.02
• C)$362.82
• D)$13,628.20
• E)None of these

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