document.write( "Question 690128: Rhonda deposits $5,600 in a savings account that pays 2 1/2% interest,compounded semiannually.\r
\n" ); document.write( "\n" ); document.write( "A.how much interest does the account earn in the first six months?\r
\n" ); document.write( "\n" ); document.write( "B.what is the ending balance after six months ?\r
\n" ); document.write( "\n" ); document.write( "C. How much interest does the account earn in the second six months?\r
\n" ); document.write( "\n" ); document.write( "D.what is the balance after one year ?\r
\n" ); document.write( "\n" ); document.write( "E.how much interest does the account earn the first year?\r
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #426173 by rfer(16322)\"\" \"About 
You can put this solution on YOUR website!
A)
\n" ); document.write( "I=Prt
\n" ); document.write( "I=5600*0.025*0.5
\n" ); document.write( "I=$70
\n" ); document.write( "B)
\n" ); document.write( "$5600+705670
\n" ); document.write( "C)
\n" ); document.write( "A=5600(1+0.025/2)^2
\n" ); document.write( "A=5600(1.0125)^2
\n" ); document.write( "A=5600*1.02515625
\n" ); document.write( "A=5740.88
\n" ); document.write( "Interest for year=140.88
\n" ); document.write( "140.88-70=$70.88
\n" ); document.write( "D)
\n" ); document.write( "$5740.88
\n" ); document.write( "E)
\n" ); document.write( "$140.88
\n" ); document.write( "
\n" );