Mathematics · Compound Interest

Calculate the compound interest on ₹72,000 at the rate of 9% per annum for 18 months when interest is compounded half-yearly (rounded off to the nearest ₹).

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹10,361
2₹10,557
3₹10,475
4₹10,164✓

Correct answer

₹10,164

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Calculate the compound interest on ₹72,000 at the rate of 9% per annum for 18 months when interest is compounded half-yearly (rounded off to the nearest ₹).

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Calculate the compound interest on ₹72,000 at the rate of 9% per annum for 18 months when interest is compounded half-yearly (rounded off to the nearest ₹).

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