Use the table to solve the problem. Round to the nearest cent. 
-John Lee's savings account has a balance of $282. After 9 years, what will the amount of interest be at 5% compounded semiannually?
Definitions:
Mediation
A form of alternative dispute resolution where a neutral third party helps disputing parties find a mutually agreeable solution.
Preserve Relationships
An approach or strategy aimed at maintaining positive and sustainable relationships within personal or professional settings.
High Level of Autonomy
A state or condition of having significant independence or freedom in decision-making or actions.
Federal Arbitration Act
A United States federal statute that provides for the enforcement of arbitration agreements within the context of federal and interstate matters.
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