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Jacob Lee invested $600 in a savings account paying 8% interest compounded twice a year. What will be his interest after 6 months? What will

Jacob Lee invested $600 in a savings account paying 8% interest compounded twice a year.

What will be his interest after 6 months?

What will be his interest at the end of the year? show your work & steps

a. $48

b. $24

c. $25

d. $49

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