Mathematics · Compound Interest
What will be the compound interest on ₹ 5,000 at 4% per annum after 2 years, if the interest is compounded half-yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 412.16✓
- 2₹ 415.16
- 3₹ 500.00
- 4₹ 418.00
Correct answer
₹ 412.16
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