Jacques deposited $1,900 into an account that earns 4% interest compounded semiannually. after t years, jacques has $3,875.79 in the account. assuming he made no additional deposits or withdrawals, how long was the money in the account?

2 years

9 years

18 years

36 years

The correct option is C. 18 years

Step-by-step explanation:

Principal = $1900

Rate of interest, r = 4%

The interest is compounded semi annually ⇒ n = 2

Amount = $3875.79

We need to find the time for which the money was in the account.

Hence, The money was in the account for 18 years

Therefore, The correct option is C. 18 years

step-by-step explanation:

circumference divided by 3.141592654 then timesthe radius twice