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A person opens a bank account with a deposit of $200 what is the future value of this amount after 3 years if the interest rate is 8% ?compounded semi-annually . a 166.29 .b 188.20 . C $253.06 . d $300.
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A person opens a bank account with a deposit of $200 what is the future value of this amount after 3 years if the interest rate is 8% ?compounded semi-annually .
a 166.29 .b 188.20 .
C $253.06 .
d $300.01
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Answer: c) 253.06
Step-by-step explanation:
Tom Dunn
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