If an investor puts $900 in a savings account that earns 10 percent annual interest compounded semiannually, how much money will be in the account after one year? Choose the most appropriate option.
A) $986.25
B) $988.25
C) $990.25
D) $992.25
E) $994.25
1.05*1.05*900= 
<gadget id="calculator">1.05*1.05*900</gadget>
<output>992.25</output>
$992.25   The answer is $992.25.
<result>D</result>
If an investor puts $900 in a savings account that earns 10 percent annual interest compounded semiannually, how much money will be in the account after one year?