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Use the Table to Solve the Problem

Question 10

Multiple Choice

Use the table to solve the problem. Round to the nearest cent. Use the table to solve the problem. Round to the nearest cent.   -Nora Oretega's savings account has a balance of $390. After 8 years, what will the amount of interest be at 8% compounded semiannually? A) $1,941.00 B) $312.00 C) $1,955.00 D) $1,950.00
-Nora Oretega's savings account has a balance of $390. After 8 years, what will the amount of interest be at 8% compounded semiannually?


A) $1,941.00
B) $312.00
C) $1,955.00
D) $1,950.00

Correct Answer:

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