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$20,000 is invested at a rate of 5% and is compounded simi-annually. What will be in the account after 5 years? * a.25601.69 b. 26897.78 c. 28259.48 d. 29690.11

$20,000 is invested at a rate of 5% and is compounded simi-annually. What will be in the account after 5 years? * a.25601.69 b. 26897.78 c. 28259.48 d. 29690.11
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5 votes
$20,000 is invested at a rate of 5% and is compounded simi-annually. What will

be in the account after 5 years? *
a.25601.69
b. 26897.78
c. 28259.48
d. 29690.11

asked
User Gary Tsui
by
7.8k points

2 Answers

3 votes

Answer:

A

Explanation:

answered
User Evaluna
by
8.0k points
4 votes
I’m pretty sure it’s A
answered
User Ted Kulp
by
8.7k points
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