Solve the problem.Suppose that $2200 is invested at 3% interest, compounded semiannually. Find the function for the amount of money after t years.
A. A = 2200 (1.015)t
B. A = 2200 (1.015)2t
C. A = 2200 (1.0125)2t
D. A = 2200 (1.03)2t
Answer: B
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