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Jason s savings account has a balance of $1847. after 5 years, what will the amount of interest be at 6% compounded semiannually? a. $294.18 c. $554.10 b. $635.21 d. $624.70
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1 vote
Jason s savings account has a balance of $1847. after 5 years, what will the amount of interest be at 6% compounded semiannually?

a. $294.18
c. $554.10
b. $635.21
d. $624.70

User Jeff Winkworth
by
5.6k points

2 Answers

2 votes

Answer:

B. 635.21

Step-by-step explanation:

I chose C and it was wrong, says the correct answer is B.

User Yash Kumar Atri
by
5.6k points
2 votes

Answer:

$635.21

Step-by-step explanation:

User TiansHUo
by
5.8k points
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