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Olaf invested $40,000 in a savings account at the Bank of Arendelle paying 4% p.a....

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Finance

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Olaf invested $40,000 in a savings account at the Bank of Arendelle paying 4% p.a. compounding semi-annually on 1 April 2016. He withdrew $10,000 from this account on 1 April 2019. How much will be in his account on 1 April 2021? $35,046.50 $37,850.12 $37,935.46 O $38.759.78 $36,254.29

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