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Your Answer
A
B
C
D
E
Global Stats
Source: Princeton Review
If Joanie puts $500 in a savings account that earns 10 percent annual interest compounded semiannually, how much money will be in the account after one year?
A. $51.25
B. $510
C. $550
D. $551.25
E. $565
The OA is D
If Joanie puts $500 in a savings account that earns 10 percent annual interest compounded semiannually, how much money will be in the account after one year?
A. $51.25
B. $510
C. $550
D. $551.25
E. $565
The OA is D
