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A local bank is offering 9% compounded semi-annually on savings accounts. If you deposit $1000 today, how much will you have in 2.5 yrs. a.

A local bank is offering 9% compounded semi-annually on savings accounts. If you deposit $1000 today, how much will you have in 2.5 yrs.

a. 1,240.41

b. 1,295.03

c. 1,246.18

d. 1,166.32

e. 1192.5

A local bank is offering 9% compounded semi-annually on savings accounts. If you deposit $1000 today, how much will you have in 2.5 yrs.

a. 1,240.41

b. 1,295.03

c. 1,246.18

d. 1,166.32

e. 1192.5

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