Jerry purchased a 1-year $5,000 bond that paid an annual interest rate of 12% compounded every six months. How much interest had this bond accrued at maturity?  Choose the correct choice from the following choices:	A) $5102	B) $618	C) $216	D) $202	E) $200
A=P(1+r/q)nq .Here q is no of times interest is compounded in a yr so it is = 2. Amount comes out to be 5618 .Hence interest is 5618-5000= 
<gadget id="calculator">5618-5000</gadget>
<output>618</output>
618. &gt;&gt;$618
<result>B</result>
Jerry purchased a 1-year $5,000 bond that paid an annual interest rate of 12% compounded every six months. How much interest had this bond accrued at maturity?