An investment of \5,000isplacedinanaccountwithis placed in an account withisplacedinanaccountwith6%annualinterestcompoundedsemi−annually.Whatistheexpressionforthebalanceafterannual interest compounded semi-annually. What is the expression for the balance afterannualinterestcompoundedsemi−annually.Whatistheexpressionforthebalanceafter2$ years?
5000(1+0.06)25000(1 + 0.06)^25000(1+0.06)2
5000(1+0.03)45000(1 + 0.03)^45000(1+0.03)4
5000(1+0.06)45000(1 + 0.06)^45000(1+0.06)4
5000(1+0.03)25000(1 + 0.03)^25000(1+0.03)2