Mathematics · Compound Interest
If the interest is compounded half-yearly, calculate the total amount when the principal is ₹4,000, the rate of interest is 22% per annum, and the duration is one year.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹5,204.9
- 2₹4,825.5
- 3₹4,288.8
- 4₹4,928.4✓
Correct answer
₹4,928.4
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