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Nora's savings account has a balance of $3979. After 4 years, what will the amount of interest be a...
4 months ago
Q:
Nora's savings account has a balance of $3979. After 4 years, what will the amount of interest be at 12% compounded semiannually? a. $2367.92 c. $2362.92 b. $4774.80 d. $2353.92
Accepted Solution
A:
The correct answer is C.$2362.92