Solve the problem. Round to the nearest cent.Find the deposit required to accumulate $4000 after investing 6 years in an account that pays an APR of 4% compounded semiannually. How much is earned in interest?

A. $3153.97; $846.03
B. $5072.97; $1072.97
C. $3161.26; $838.74
D. $0.97; $3999.03


Answer: A

Mathematics

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