Solve the problem.Suppose that $2000 is invested at 5% interest, compounded semiannually. Find the function for the amount of money after t years.

A. A(t) = 2000(1.05)2t
B. A(t) = 2000(1.025)2t
C. A(t) = 2000(1.05)t
D. A(t) = 2000(1.025)t


Answer: B

Mathematics

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