Question:

David invests $800 into an account with a 2.3% interest rate

Last updated: 7/9/2022

David invests $800 into an account with a 2.3% interest rate

David invests $800 into an account with a 2.3% interest rate that is compounded semiannually. How much money will he have in this account if he keeps it for 5 years? Round your answer to the nearest dollar.