$9,000 is deposited in a savings account that pays 14% annual interest compounded semiannually. To the nearest dollar, how much is in the account at the end of the year?  Choose the correct answer.
A) $11304.12 B) $12304.54 C) $11604.14 D) $10304.10 E) $9304.41
this is the case of semi-annual compoundingso, multiply time period by 2 and divide rate by 2   So,   new time=2periods and new rate=14/2= 
<gadget id="calculator">14/2</gadget>
<output>7</output>
7%   Now,   CA=9000(1+7/100)^2=$10304.10   Hence answer is $10304.10
<result>D</result>
$9,000 is deposited in a savings account that pays 14% annual interest compounded semiannually. To the nearest dollar, how much is in the account at the end of the year?