The amount in the account after the given time if compounded semiannually is $1104.2
<h3>Compound interest </h3>
Interest is any amount added on a sum of money over a period of time. The formula for calculating the compound interest is:
A = P(1+r/n)^nt
Given
P = $1000
rate r = 0.05
time =3years
n = 2
Substitute
A = 1000(1 + 0.05/3)^3(2)
A= 1000(1.1042)
A = $1104.2
Hence the amount in the account after the given time if compounded semianually is $1104.2
Learn more on compound interest here: brainly.com/question/24924853
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I think the answer is B! I hope that helps!!!!!
BRAINLY would be appreciated❤️
When you have lines in graphs for ex
Y=2x+7
2x is the rate of change
7 is the instant amt if the x=0 (or the y-intercept)
1200 as you would round it down to 100 a week so you would do 100x12
