Mathematics · Compound Interest
What will be the compound interest on Rs. 30,000 at 10% per annum for 1 12 years, when interest is compounded half-yearly?
- 1Rs. 4,928.75
- 2Rs. 5,728.75
- 3Rs. 4,800.75
- 4Rs. 4,728.75✓
Correct answer
Rs. 4,728.75
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