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    Question

    A sum of rupees 5,000 is invested at 15% per annum

    compound interest for 1.5 years, compounded half-yearly. What will be the final amount?
    A 5,760 Correct Answer Incorrect Answer
    B 6,000 Correct Answer Incorrect Answer
    C 6,211.5 Correct Answer Incorrect Answer
    D 6,345.5 Correct Answer Incorrect Answer

    Solution

    The rate per half-year = 15/2=7.5%

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