Answer:
The compound amount is $303.03 .
Explanation:
Formula for compound interest:
Principle amount = $1100
Rate of the interest compounded semiannually :
= R = 9% = 0.09
Number of times interest compounded, n =
(semi means two times in a year)
Time period = T = 14
The compound amount is $303.03 .
C is your answer. Because if you add two of them together you get a compound.