8
InstructionMultiple Choice

Interest

Question 8 • Financial Math A

Solve the problem. Round to the nearest cent.Nora's savings account has a balance of $3979. After 4 years, what will the amount of interest be at 12% compounded semiannually?a.$2367.92c.$2362.92b.$4774.80d.$2353.92

Answer
A
A
B
B
C
C
D
D
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