Little Miss Buffet takes all the money from her piggy bank and puts it into a savings account at her local bank. The bank promises an annual interest rate of 3% on the balance, compounded semiannually. How much will she have after one year if her initial deposit was $400?
$529.00
$412.17 <<<<
$2,500.00
412.09
That's what I got? Wrong or right?