Mathematics · Compound Interest
Find the compound interest on Rs. 18,000 for 2 years at the rate of 6% per annum, compounded half-yearly.
- 1Rs. 4,678.25
- 2Rs. 3,345.23
- 3Rs. 1,247.83
- 4Rs. 2,259.16✓
Correct answer
Rs. 2,259.16
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