Multiple Choice
Find the amount accumulated after investing a principal P for t years at an interest rate r.
-P = $1,000, t = 4, r = 4%, compounded semiannually (k = 2)
A) $1148.69
B) $1169.86
C) $171.66
D) $1171.66
Correct Answer:
Verified
Correct Answer:
Verified
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