Mathematics · Compound Interest
A bank offers a 10% compound interest per annum compounded half-yearly. A person deposited ₹3650 on 7th February 2020 and another ₹3650 on 7th August 2020. Calculate the approximate total interest earned by him till 7th February 2021.
- 1₹549
- 2₹458
- 3₹556✓
- 4₹439
Correct answer
₹556
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