Question

Kelly plans to put her graduation money into an account and leave it there for 4 years while she goes to college, receives $750 and graduation money that she puts into an account that earns for point 4.25 percent interest compounded semi annual how much will be in Kelly's account at the end of 4 years

Answer 1

$750·(1+\frac{0.0425}{2})^{2·4}=887.40$