Mathematics · Compound Interest
Compute the compound interest on Rs. 16,000 for 2 years at 10% per annum when compounded half-yearly.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 3,440
- 2Rs. 3,448.10✓
- 3Rs. 3,600
- 4Rs. 2,640
Correct answer
Rs. 3,448.10
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