Rhonda deposits $5,600 in a savings account that pays 1% interest, compounded semi-annually. Round to the nearest

Question:

Rhonda deposits $5,600 in a savings account that pays 1½% interest, compounded semi-annually. Round to the nearest cent.
a. How much interest does the account earn in the first 6 months?
b. What is the ending balance after 6 months?
c. How much interest does the account earn in the second 6 months?
d. What is the balance after 1 year?
e. How much interest does the account earn the first year?

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