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Use the Table to Solve the Problem

Question 40

Multiple Choice

Use the table to solve the problem. Round to the nearest cent. Use the table to solve the problem. Round to the nearest cent. -John Lee's savings account has a balance of $282. After 9 years, what will the amount of interest be at 5% compounded semiannually? A) $70.18 B) $126.90 C) $155.47 D) $157.82
-John Lee's savings account has a balance of $282. After 9 years, what will the amount of interest be at 5% compounded semiannually?


A) $70.18
B) $126.90
C) $155.47
D) $157.82

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