Suppose you put $100 into a savings account today, the account pays a simple annual interest rate of 6 percent, but compounded semiannually, and you withdraw $100 after 6 months.What would your ending balance be 20 years afte initial $100 deposit was made?
A)$226.20
B)$115.35
C)$62.91
D)$9.50
E)$3.00

Question

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The Answer of Suppose you put $100 into a savings account today, the account pays a simple annual interest rate of 6 percent, but compounded semiannually, and you withdraw $100 after 6 months.What would your ending balance be 20 years afte initial $100 deposit was made?
A)$226.20
B)$115.35
C)$62.91
D)$9.50
E)$3.00

Suppose You Put $100 into a Savings Account Today, the Account