Multiple Choice
In order to help pay for college, the grandparents of a child invest $850 in a bond that pays 15%
Interest compounded semiannually. How much money will there be in 7.5 years?
A) $2,494.80
B) $2,565.55
C) $2,515.05
D) $2,615.17
Correct Answer:
Verified
Correct Answer:
Verified
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