An investor bought a 1-year $5,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of interest paid on this certificate at maturity?  Choose the correct option.
A) $408	B) $816	C) $1224	D) $800	E) $400
1.04*1.04*5000= 
<gadget id="calculator">1.04*1.04*5000</gadget>
<output>5_408</output>
$5408   The answer is $408.
<result>A</result>
An investor bought a 1-year $5,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of interest paid on this certificate at maturity?