Mathematics · Compound Interest
Raj invested Rs. 14,000 at 10% p.a. for 1 year at compound interest, compounded half-yearly. The total amount received by him is:
- 1Rs. 15,435✓
- 2Rs. 14,765
- 3Rs. 14,354
- 4Rs. 13,542
Correct answer
Rs. 15,435
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