asked 18.9k views
0 votes
Jason’s savings account has a balance of $1847. After 5 years, what will the amount of interest be at 6% compounded semiannually?

a.
$294.18
c.
$554.10
b.
$635.21
d.
$624.70

asked
User ICurious
by
8.4k points

2 Answers

4 votes
To this question the answer is C.
answered
User Philip Callender
by
7.7k points
1 vote

Answer:

c

Explanation:

Multiplying his saving 1847×time 5 years×amount of interest 6% .Divided by 100.Formula p×t×r÷100

answered
User Faraj
by
8.5k points
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