5. If you make semiannual deposits of $1,150 into an account that earns 5.846% interest compounded semiannually, what is

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5 If You Make Semiannual Deposits Of 1 150 Into An Account That Earns 5 846 Interest Compounded Semiannually What Is 1 (88.21 KiB) Viewed 26 times

5. If you make semiannual deposits of $1,150 into an account that earns 5.846% interest compounded semiannually, what is the value of the account after 8 years? Choose the expression that most accurately represents the answer (in dollars): Possibilities: -2(8) - (1 + 0.05846 (a) 1150 0.05846 2 2(8) (b) 1150 (1 + 0.05846) (c) 1150(1 + 0.05846(8)) (d) 1150° ,0.05846(8) 6)2(8) – 1 (e) 1150 (1 + 0.05846 2(8) 2 0.05846 2 29.01 -