If You Invest $100 at 8% for One Year,compounded Semiannually,at

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.