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GoodMad_ GoodMad_
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7 years ago
You deposit $1,000 in an account offering an 8% yield, compounded semi-annually. At the end of one year, your total earned interest is
A)  $40.80.
B)  $40.00.
C)  $81.60.
D)  $80.00.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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GoodMad_ Author
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#2
7 years ago
I'll mark it solved, you deserve it
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