Multiple Choice
If you invest $100 at 8% for one year,compounded semiannually,at the end of the year your balance will be (Use time value tables or financial calculator)
A) $104.08.
B) $108.00.
C) $108.16.
D) $112.12.
E) none of these.
Correct Answer:
Verified
Correct Answer:
Verified
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