Regina deposits $4,500 in a savings account that pays 7 1/2% interest, compounded semiannually. How much interest does the account earn in the second six months?

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asked Mar 10, 2023 83.8k views

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Regina deposits $4,500 in a savings account that pays 7 1/2% interest, compounded semiannually. How much interest does the account earn in the second six months?

Mathematics
college

Sierrodc asked

by Sierrodc

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4 votes

Answer:

uh I'm going to say it's 3,000 sorry if I'm wrong

Explanation:

Algorithmic Canary answered Mar 16, 2023

by Algorithmic Canary

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