Mathematics · Compound Interest

What will be the amount after 1 year if ₹9,900 is invested at 20% compound interest per annum, compounded half-yearly?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹12,940
2₹11,979✓
3₹11,307
4₹12,495

Correct answer

₹11,979

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What will be the amount after 1 year if ₹9,900 is invested at 20% compound interest per annum, compounded half-yearly?

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