Mathematics · Compound Interest
The compound interest on ₹20,000 in 2 years at 4% per annum, with the interest being compounded half-yearly, will be:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1,500
- 2₹1,648.64✓
- 3₹1,700
- 4₹1,842.64
Correct answer
₹1,648.64
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