Calculate the compound amount using the compound amount formula when P = $1,300, r = 9% compounded semiannually, and t = 10 years. Round to the nearest cent.

A) $3,135.23
B) $2,470.00
C) $2,018.86
D) $3,077.57
E) $4,435.23


A) $3,135.23

Mathematics

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