asked 35.3k views
4 votes
9. State Bank pays 5.5 percent interest compounded semiannually on regular

savings accounts. Iva Howe deposited $2,800 in a regular savings account for
2 years. She made no other deposits or withdrawals during the period. How
much interest did her money carn?​

asked
User Jera
by
8.4k points

1 Answer

1 vote
280 dollars I think

If you do 5.5% x 2year =0.1
2800 x 0.1= 280
Sorry if I'm wrong
answered
User Cassio Landim
by
8.4k points
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