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Question 4 Hortencia Schiffner is wondering how much their home equity will be worth in 4 years and currently has an amount of $106,790.00. Given

Question 4 Hortencia Schiffner is wondering how much their home equity will be worth in 4 years and currently has an amount of $106,790.00. Given an interest rate of 20.00% compounded semi-annually, how much will they have in 4 years?

a. $153,777.60

b. $221,439.74

c. $129,215.90

d. $228,913.85

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