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    Exam 5: Exponential and Logarithmic Functions
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    If $500 Is Invested for 3 Years at 7% Compounded
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If $500 Is Invested for 3 Years at 7% Compounded

Question 163

Question 163

Multiple Choice

If $500 is invested for 3 years at 7% compounded semiannually,then the compound interest at the end of the period is


A) $112.52.
B) $114.63.
C) $120.37.
D) $122.56.
E) $150.36.

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