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
