Mathematics · Compound Interest
What is the difference between the compound interest on Rs. 15,000 for 1 year at 6% per annum compounded yearly and half-yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 13.50✓
- 2Rs. 15.50
- 3Rs. 11.50
- 4Rs. 17.50
Correct answer
Rs. 13.50
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