An amount of money was deposited in the leader's savings fund: 8 annually, an amount of (8%) calculated every six months. What is the amount of the actual interest? The actual interest is (9.16%)....

Extracted text: An amount of money was deposited in the leader's savings fund: 8 annually, an amount of (8%) calculated every six months. What is the amount of the actual interest? The actual interest is (9.16%). There is no answer among the options listed The actual interest is (10.16%). (11.16%). Actual interest The actual interest is (8.16%).