document.write( "Question 397631: How much interest would you earn in 4 years if you invested $500 in an account that pays 4.5% per annum, compounded semi-annually? \n" ); document.write( "
Algebra.Com's Answer #281720 by robertb(5830)\"\" \"About 
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The balance after 4 years would be \"B+=+p%281%2Br%2Fn%29%5E%28nt%29+=+500%281+%2B+0.045%2F2%29%5E%282%2A4%29++=597.42\".
\n" ); document.write( "Then the interest should be 597.42 - 500 = 97.42.
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