Q:

Select the correct answer from each drop-down menu. Samuel received $250 as prize money for winning the St. Peterson High School Badminton Tournament. The money was deposited in a special scholarship account that offered an annual interest of 1.8% compounded semiannually. The amount he will have in the account after t years can be calculated using the expression below.250(1+0.018/2)^2t Use the given expression to complete the statements below. The expression is the *blank* of the amount initially deposited and the *blank* of one and the rate of increase raised to the number of *blank*1st Blank: ProductSumQuotientSquare2nd Blank:QuotientProduct DifferenceSum3rd Blank:Compounding PeriodsYears Months

Accepted Solution

A:
Answer: 1st Blank: Product2nd Blank: Sum3rd Blank: YearsI'm sorry I get this wrong, please tell me if it is wrong.