Answered

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stickenbug

Answer:

C

Step-by-step explanation:

First, convert R as a percent to r as a decimal

r = R/100

r = 8/100

r = 0.08 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 1,950.00(1 + 0.08/2)(2)(4)

A = 1,950.00(1 + 0.04)(8)

A = $2,668.71

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