Jill invests $10000 in an account that pays an annual rate of 3.96%, compounding semi-annually. Approximately how much R does she have in her account after two years?
Choose the correct choice from the following answers:
A) $10079.44  B) R=$10815.83  C) $12652.61  D) $14232.14  E) $20598.11
PS. I guess one can use simple interest to solve cause the answer choices are quite spread between you can easily arrive at something near 8%   Hence R=$10815.83 the answer
<result>B</result>
Jill invests $10000 in an account that pays an annual rate of 3.96%, compounding semi-annually. Approximately how much R does she have in her account after two years?