document.write( "Question 977772: Rigoberto invests $8,000, at 6% interest, compounded semiannually for 1 year. Use the compound interest formula to calculate the compound interest for his investment.
\n" ); document.write( " a. $400.00
\n" ); document.write( " b. $8,400.00
\n" ); document.write( " c. $487.20
\n" ); document.write( " d. $8,417.50
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Algebra.Com's Answer #599328 by rfer(16322)\"\" \"About 
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FV=8000(1.03)^2
\n" ); document.write( "FV=8487.20
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\n" ); document.write( "8487.20-8000=(C) $487.20
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