Mathematics · Compound Interest
A bank offers 2.6% compound interest per annum calculated on a half-yearly basis. A customer deposits ₹8565 each on 1 January and 1 July of a year. At the end of the year, the amount he would have gained by way of interest is ________. [Give your answer correct to 2 decimal places.]
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹323.72
- 2₹339.72✓
- 3₹343.66
- 4₹335.48
Correct answer
₹339.72
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