Question

Loretta invested $3,000 into an account that earns 6% compounded semiannually. How many times will Loretta earn interest after keeping the
money in the account for 5 years.

Answer 1

Answer:

answer:900

Step-by-step explanation:

$3000 \times 6 \times 5 \div 100 = \\ 300 \times 6 \times 5 = \\ 900$