Mathematics · Compound Interest
Calculate the compound interest on ₹16,000 for 2 years at 10% per annum, when the interest is compounded half-yearly.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹3,200
- 2₹3,448.10✓
- 3₹2,640
- 4₹1,860
Correct answer
₹3,448.10
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