Mathematics · Compound Interest
What is the compound interest on Rs. 30,00,000 for 12 years at 12% per annum compounded half-yearly?
- 1Rs. 7,73,048
- 2Rs. 8,73,048
- 3Rs. 6,73,048
- 4Rs. 5,73,048✓
Correct answer
Rs. 5,73,048
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