Find the Amount Accumulated After Investing a Principal P for T

question 95

Multiple Choice

Find the amount accumulated after investing a principal P for t years at an interest rate r.
-P = $1,000, t = 4, r = 4%, compounded semiannually (k = 2)

• A) $1148.69
• B) $1169.86
• C) $171.66
• D) $1171.66

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