Mathematics · Compound Interest
Find the compound interest on Rs. 20,000 for 1 12 years at a 10% annual rate of interest, compounded half-yearly.
- 1Rs. 3,352.5
- 2Rs. 3,251.5
- 3Rs. 3,152.5✓
- 4Rs. 3,252.5
Correct answer
Rs. 3,152.5
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