Question: Show your work and how to input it into an HP 10bII+ 16. You have $100,000 to invest. Your bank offers one-year certificates of deposit

Show your work and how to input it into an HP 10bII+

16. You have $100,000 to invest. Your bank offers one-year certificates of deposit with a stated rate of 3.50% compounded quarterly, what rate compounded semiannually would provide you with the same amount of money at the end of one year? A) 3.500% B) 3.505% C) 3.510% D) 3.515% PV=100,000 F V

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