Mathematics · Compound Interest
What is the compound interest on Rs. 16,400 for 1 year at 9% per annum when compounded half-yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1,680.90
- 2Rs. 1,509.21✓
- 3Rs. 1,608.20
- 4Rs. 1,640.40
Correct answer
Rs. 1,509.21
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