Mathematics · Compound Interest
A bank offers 8.1% compound interest per annum calculated on a half-yearly basis. A customer deposits ₹8445 each on 1 January and 1 July of a year. At the end of the year, the amount he would have gained b y way of interest is ________. [Give your answer correct to 2 decimal places.]
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1057.26
- 2₹1039.91✓
- 3₹1069.91
- 4₹1048.40
Correct answer
₹1039.91
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