Mathematics · Compound Interest
Find the compound interest on ₹5,000 for 2 years, if interest is compounded half-yearly at 5% rate of interest per annum. (Give your answer correct to two decimal places.)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹319.06
- 2₹519.06✓
- 3₹419.16
- 4₹219.16
Correct answer
₹519.06
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