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OpenStudy (anonymous):
After one year, what is the balance of a savings account that earns 10% annually on an initial deposit of $1,500 and is compounded semi-annually?
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OpenStudy (anonymous):
these are the choices a. $1,815.00 c. $7,593.75 b. $1,653.75 c. $7,593.75. d. $1,575.00
undeadknight26 (undeadknight26):
hmm is this supposed to be a exponential function?
OpenStudy (anonymous):
yes
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