A sum of Rs. 12,000 amounts to Rs. 20,736 in \(1\frac{1}{2}\) years at a certain rate per annum on compound interest, compounded half yearly. What will be the compound interest (in Rs.) of the same sum in 2 years at the same rate on compound interest. If the interest is compounded annually?

A sum of Rs. 12,000 amounts to Rs. 20,736 in \(1\frac{1}{2}\) years

1.	A sum of Rs. 12,000 amounts to Rs. 20,736 in \(1\frac{1}{2}\) years at a certain rate per annum on compound interest, compounded half yearly. What will be the compound interest (in Rs.) of the same sum in 2 years at the same rate on compound interest. If the interest is compounded annually?
A.	12,510
B.	11,250
C.	15,210
D.	11,520
Answer» E.

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A sum of Rs. 12,000 amounts to Rs. 20,736 in \(1\frac{1}{2}\) years at a certain rate per annum on compound interest, compounded half yearly. What will be the compound interest (in Rs.) of the same sum in 2 years at the same rate on compound interest. If the interest is compounded annually?

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