141k views
3 votes
George deposited $750.00 into an account that earns 7% interest which is compounded 2 times per year. How much money will George have in his account in 5 years?

A. $1475.36
B. $1125.98
C. $1057.95
D. $1348.92

User Roselan
by
7.5k points

2 Answers

2 votes
D is the answer to the question
User Kjartan
by
8.7k points
1 vote
If I did my math correctly I believe your answer will be C. :)
User Millisami
by
8.1k points