Mathematics · Compound Interest
How much will a principal sum of ₹53,000 become after one year if the interest is compounded half-yearly at a rate of 20% per annum compound interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹64,410
- 2₹63,416
- 3₹64,130✓
- 4₹64,152
Correct answer
₹64,130
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